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For a Common Resource,the Marginal Private Cost Curve ________ and the Marginal

Question 48

Multiple Choice

For a common resource,the marginal private cost curve ________ and the marginal social cost curve ________.


A) slopes upward; slopes upward
B) slopes upward; slopes downward
C) slopes downward; slopes upward
D) slopes downward; slopes downward
E) is vertical; is horizontal

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