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At the Current Quantity of Table Saws, the Marginal Social

Question 78

Multiple Choice

At the current quantity of table saws, the marginal social cost is more than the marginal social benefit. Then


A) production of table saws should be decreased to reach the efficient level.
B) production of table saws should be increased to reach the efficient level.
C) production of table saws is currently at the efficient level.
D) producer surplus will be larger than consumer surplus.

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