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    Exam 5: Efficiency and Equity
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    If the Marginal Social Benefit Exceeds the Marginal Social Cost
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If the Marginal Social Benefit Exceeds the Marginal Social Cost

Question 229

Question 229

True/False

If the marginal social benefit exceeds the marginal social cost of producing the next kilowatt hour of electricity, then it is efficient to produce as many kilowatt hours as possible.

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