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    Exam 5: Efficiency and Equity
  5. Question
    -The Above Figure Shows the Marginal Social Benefit and Marginal
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-The Above Figure Shows the Marginal Social Benefit and Marginal

Question 6

Question 6

Multiple Choice

  -The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. What is the efficient quantity of chocolate to produce each day? A)  zero B)  100 pounds C)  150 pounds D)  250 pounds
-The above figure shows the marginal social benefit and marginal social cost curves of chocolate in the nation of Kaffenia. What is the efficient quantity of chocolate to produce each day?


A) zero
B) 100 pounds
C) 150 pounds
D) 250 pounds

Correct Answer:

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