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Use the Following for Questions 55-59

Question 51

Multiple Choice

Use the following for questions 55-59.
Exhibit: Marginal Benefit, Marginal Cost, and Net Benefit
Use the following for questions 55-59. Exhibit: Marginal Benefit, Marginal Cost, and Net Benefit    -(Exhibit: Marginal Benefit, Marginal Cost, and Net Benefit)  In Panel (b) , if the activity level is at E, then there will be a deadweight loss shown by the area: A)  EGC. B)  FGC. C)  ABC. D)  AFE.
-(Exhibit: Marginal Benefit, Marginal Cost, and Net Benefit) In Panel (b) , if the activity level is at E, then there will be a deadweight loss shown by the area:


A) EGC.
B) FGC.
C) ABC.
D) AFE.

Correct Answer:

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