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The Problem with Common Resources Is Similar to the Problem

Question 182

Multiple Choice

The problem with common resources is similar to the problem with negative externalities because:


A) both issues deal with natural resources.
B) the marginal social benefit of producing another unit exceeds the individual's marginal benefit.
C) the marginal social cost of producing another unit exceeds the individual's marginal cost.
D) the individual's marginal cost of producing another unit exceeds the individual's marginal benefit.

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