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The Efficient Quantity of a Public Good Is Provided When

Question 98

Multiple Choice

The efficient quantity of a public good is provided when the economy's


A) marginal social benefit from the good is greater than its marginal social cost.
B) total benefit from the good equals its total cost.
C) total benefit from the good is less than its total cost.
D) marginal social benefit from the good equals its marginal social cost.

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