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    Exam 5: Efficiency and Equity
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    If the Marginal Cost of Producing Every Quantity Decreases, All
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If the Marginal Cost of Producing Every Quantity Decreases, All

Question 424

Question 424

Multiple Choice

If the marginal cost of producing every quantity decreases, all the following occur EXCEPT


A) minimum supply price does not change.
B) the marginal social benefit of the last unit bought changes.
C) the consumer surplus increases.
D) the efficient quantity increases.

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