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At the Current Level of Output, the Marginal Social Cost

Question 122

Multiple Choice

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


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

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