Figure 8-A -Refer to Figure 8-A.The socially efficient level of output equals: A)0Q₁. B)0Q₂. C)0Q₃. D)none of the above.

Name: Figure 8-A -Refer to Figure 8-A.The socially efficient level of output equals: A)0Q 1 . B)0Q 2 . C)0Q 3 . D)none of the above.
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Question

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The socially efficient level of output is where the marginal social cost equals the marginal social benefit, which is typically represented by 0Q2 in economic diagrams.

Figure 8-A -Refer to Figure 8-A.The Socially Efficient Level of Output Equals