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    Exam 5: Efficiency and Equity
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    -The Schedules in the Table Give the Marginal Social Benefit
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-The Schedules in the Table Give the Marginal Social Benefit

Question 166

Question 166

Multiple Choice

  -The schedules in the table give the marginal social benefit and marginal social cost of a DVD. At the efficient quantity, the minimum supply-price of a DVD is ________ and the value of a DVD is ________. A)  $16; $24 B)  $16; $20 C)  $20; $16 D)  $20; $20
-The schedules in the table give the marginal social benefit and marginal social cost of a DVD. At the efficient quantity, the minimum supply-price of a DVD is ________ and the value of a DVD is ________.


A) $16; $24
B) $16; $20
C) $20; $16
D) $20; $20

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