The total social benefit of automobiles equals the total social cost at current annual output.It then follows that:
A) the annual output of automobiles is efficient.
B) the annual output of automobiles exceeds the efficient amount.
C) less than the efficient annual output of automobiles is produced.
D) it is not possible to make buyers of automobiles better off without harming sellers.
Correct Answer:
Verified
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A)is not based on underlying value
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A)the total
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