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    Foundations of Macroeconomics
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    Exam 6: Efficiency and Fairness of Markets
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    We Allocate Resources Efficiently When
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We Allocate Resources Efficiently When

Question 179

Question 179

Multiple Choice

We allocate resources efficiently when


A) marginal benefit is equal to marginal cost.
B) marginal benefit is greater than marginal cost by any amount.
C) marginal cost is greater than marginal benefit.
D) total benefit is greater than total cost.
E) marginal benefit is greater than marginal cost by as much as possible.

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