Multiple Choice
If the marginal social benefit received from a good is less than the marginal opportunity cost of production:
A) an increase in production will improve society's well-being.
B) a decrease in production will improve society's well-being.
C) no change in production can improve society's well-being.
D) the market is producing too little of the good.
Correct Answer:

Verified
Correct Answer:
Verified
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