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    Macroeconomics Study Set 17
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    Exam 4: Economic Efficiency, Government Price Setting, and Taxes
  5. Question
    If Marginal Benefit Is Less Than Marginal Cost,output Is Inefficiently
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If Marginal Benefit Is Less Than Marginal Cost,output Is Inefficiently

Question 4

Question 4

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If marginal benefit is less than marginal cost,output is inefficiently high.

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