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    Microeconomics Study Set 45
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    Exam 1: Limits, Alternatives, and Choices
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    If Society Has Overallocated Resources to a Particular Activity, Then
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If Society Has Overallocated Resources to a Particular Activity, Then

Question 11

Question 11

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If society has overallocated resources to a particular activity, then the marginal benefits of the activity would be less than the marginal costs.

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