Multiple Choice
If the marginal social benefit of a good exceeds the marginal social cost at the current monthly output, then:
A) it will be possible to make buyers of the good better off without harming sellers of the good.
B) it will be possible to make sellers of the good better off without harming buyers of the good.
C) both (a) or (b) are correct.
D) a reduction in monthly output will be required for efficiency.
Correct Answer:
Verified
Correct Answer:
Verified
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