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-The Tables Above Show the Marginal Costs and Benefits from the Production

Question 36

Multiple Choice

  -The tables above show the marginal costs and benefits from the production of paper. If the market is perfectly competitive and unregulated, the A)  allocation of resources is efficient. B)  market equilibrium produces 800 tonnes less than the efficient amount. C)  market equilibrium produces 800 tonnes more than the efficient amount. D)  market equilibrium produces 1,600 tonnes more than the efficient amount.
-The tables above show the marginal costs and benefits from the production of paper. If the market is perfectly competitive and unregulated, the


A) allocation of resources is efficient.
B) market equilibrium produces 800 tonnes less than the efficient amount.
C) market equilibrium produces 800 tonnes more than the efficient amount.
D) market equilibrium produces 1,600 tonnes more than the efficient amount.

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