True/False
If the marginal social cost of producing a product exceeds the marginal social benefit, producers will produce less of it.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q139: Marginal social cost includes both the marginal
Q140: The most likely reason why Los Angeles
Q141: In order to increase society's well-being, a
Q142: Most waste generated in the U.S.ends up
Q143: A person can cause a negative externality
Q145: Control of water pollution from pesticide runoff
Q146: If producers cannot afford the fees for
Q147: A removal or depletion tax on an
Q148: The socially efficient level of output is
Q149: Which of the following has not contributed