Suppose the marginal benefit of saving one more spotted owl is $1.2 million, and the marginal cost of saving one more spotted owl is $8 million. Saving one more spotted owl will cause net benefit from saving owls to _______________________(increase, decrease) by $ _______________. In this situation, society is saving ___________________ (too few, too many) spotted owls.
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Q98:
A local charity has decided
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A local charity has decided
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