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Refer to the Figure Below

Question 70

Multiple Choice

Refer to the figure below. At the private market equilibrium quantity, the social marginal cost of the last unit produced is ______ the marginal benefit of the last unit produced. Refer to the figure below. At the private market equilibrium quantity, the social marginal cost of the last unit produced is ______ the marginal benefit of the last unit produced. A) equal to B) greater than C) less than D) less important than


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

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