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    Principles of Economics Study Set 1
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    Exam 12: The Economics of Information
  5. Question
    Refer to the Figure Below
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Refer to the Figure Below

Question 2

Question 2

Multiple Choice

Refer to the figure below. The growth of access to the Internet will cause the marginal: Refer to the figure below. The growth of access to the Internet will cause the marginal:   A) benefit curve to shift from MB₂ to MB₁. B) benefit curve to shift from MB₁ to MB₂. C) cost curve to shift from MC₂ to MC₁. D) cost curve to shift from MC₁ to MC₂.


A) benefit curve to shift from MB₂ to MB₁.
B) benefit curve to shift from MB₁ to MB₂.
C) cost curve to shift from MC₂ to MC₁.
D) cost curve to shift from MC₁ to MC₂.

Correct Answer:

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