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Without Correction, the Quantity of a Common Resource That Is

Question 60

Multiple Choice

Without correction, the quantity of a common resource that is exchanged will occur where:


A) the marginal social benefit of additional consumption exceeds the marginal social cost of additional production.
B) the marginal social benefit is equal to the marginal social cost.
C) the marginal social benefit of additional consumption is less than the marginal social cost of additional production.
D) the marginal social benefit is zero.

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