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    Microeconomics Study Set 44
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    Exam 17: Public Goods Common Resources
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    The Marginal Cost of Producing an Artificially Scarce Good Is
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The Marginal Cost of Producing an Artificially Scarce Good Is

Question 117

Question 117

Multiple Choice

The marginal cost of producing an artificially scarce good is equal to:


A) zero.
B) the marginal benefit if consumer surplus equals zero.
C) the average total cost.
D) its price.

Correct Answer:

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