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For a Common Resource,the Marginal Private Cost Curve Slopes ________

Question 90

Multiple Choice

For a common resource,the marginal private cost curve slopes ________ and the marginal social cost curve slopes ________.


A) upward;upward
B) upward;downward
C) downward;upward
D) downward;downward
E) upward or downward;in the same direction as the marginal private cost curve

Correct Answer:

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