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Refer to the Figure Below

Question 183

Multiple Choice

Refer to the figure below. At the market equilibrium quantity, the social marginal cost of the last ton of paper produced is ________ the marginal benefit of the last ton of paper produced. Refer to the figure below. At the market equilibrium quantity, the social marginal cost of the last ton of paper produced is ________ the marginal benefit of the last ton of paper produced.   A) less than or equal to B) equal to C) less than D) greater than


A) less than or equal to
B) equal to
C) less than
D) greater than

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