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  3. Study Set
    Microeconomics Canada
  4. Exam
    Exam 16: Public Goods and Common Resources
  5. Question
    Sustainable Production Is
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Sustainable Production Is

Question 1

Question 1

Multiple Choice

Sustainable production is


A) the rate of production that can be maintained indefinitely.
B) the production output with the lowest average total cost.
C) the production output where MC = ATC.
D) the rate of production that maximizes marginal private benefit.
E) the rate of production where MB = MC.

Correct Answer:

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