If a benevolent social planner chooses to produce more than the equilibrium quantity of a good, then
A) the value placed on the last unit of production by buyers exceeds the cost of production.
B) the cost of production on the last unit produced exceeds the value placed on it by buyers.
C) consumer surplus is maximised.
D) total surplus is maximised.
E) producer surplus is maximised.
Correct Answer:
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