If the Marginal Social Benefit Received from a Good Is

question 189

Multiple Choice

If the marginal social benefit received from a good is equal to the marginal social cost of production:

• A)an increase in production will improve society's well-being.
• B)a decrease in production will improve society's well-being.
• C)no change in production can improve society's well-being.
• D)the market is producing too much of the good.

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