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For a Common Resource,the Marginal Private Benefit of the Resource

Question 107

Multiple Choice

For a common resource,the marginal private benefit of the resource is


A) greater than the marginal social benefit.
B) equal to the marginal social benefit.
C) less than the marginal social benefit.
D) not comparable to the marginal social benefit.
E) not defined because the resource is nonexcludable.

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