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As More of a Public Good Is Produced, the Marginal

Question 63

Multiple Choice

As more of a public good is produced, the marginal benefit of each additional unit ________ and as more of a private good is produced, the marginal benefit of each additional unit ________.


A) decreases; increases
B) increases; increases
C) increases; decreases
D) decreases; decreases
E) does not change; does not change

Correct Answer:

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