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If the Marginal Social Cost of Producing a Public Good

Question 66

Multiple Choice

If the marginal social cost of producing a public good is greater than the marginal social benefit,then


A) more than the efficient quantity of the public good is being produced.
B) less than the efficient quantity of the public good is being produced.
C) the efficient quantity of the public good is being produced.
D) the public good is being produced by a private firm.
E) the public good must be a common resource.

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