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If the Marginal Social Benefit Received from a Good Is

Question 87

Multiple Choice

If the marginal social benefit received from a good is greater than the marginal social cost of production:


A) an increase in production will improve society's well-being.
B) a decrease in production will improve society's well-being.
C) no change in production can improve society's well-being.
D) the market is producing too much of the good.

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