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In the Equilibrium for a Common Resource with No Government

Question 55

Multiple Choice

In the equilibrium for a common resource with no government regulation,


A) marginal social benefit is greater than marginal social cost.
B) marginal social benefit equals marginal social cost.
C) marginal social benefit is less than marginal cost.
D) marginal social benefit is greater than marginal cost.
E) marginal social benefit equals marginal cost.

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