Use the Following to Answer Question

question 76

Multiple Choice

Use the following to answer question:
Figure: Market Failure
-(Figure: Market Failure) Use Figure: Market Failure.In the figure,if production in this competitive market is at quantity G:

• A)marginal benefit is less than marginal cost.
• B)marginal benefit is equal to marginal cost.
• C)marginal benefit is greater than marginal cost.
• D)price is equal to marginal cost and less than marginal benefit.

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