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At the Current Level of Output, the Marginal Social Benefit

Question 5

Multiple Choice

At the current level of output, the marginal social benefit of pizza exceeds the marginal social cost of pizza. Compared to the allocatively efficient quantity, we are producing too ________ pizza and too ________ of other goods.


A) much; little
B) much; much
C) little; little
D) little; much

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