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At the Market Output and Price for a Good Whose

Question 46

Multiple Choice

At the market output and price for a good whose production causes pollution,_____


A) the marginal social cost of production is negative.
B) the marginal social cost of production exceeds the marginal social benefit of production.
C) the marginal private cost of production equals the marginal private benefit of production.
D) the marginal social benefit of production equals the marginal social cost of production.
E) the marginal social benefit of production exceeds the marginal private cost of production.

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