Multiple Choice
When the marginal benefit of an output exceeds the marginal cost,
A) production of that output should be increased, in order to achieve efficiency.
B) production of that output should be decreased, in order to achieve efficiency.
C) increasing the production of that output would increase the deadweight loss.
D) reducing the production of that output would reduce efficiency losses.
Correct Answer:

Verified
Correct Answer:
Verified
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