If the Marginal Social Cost of Producing a Public Good

question 66

Multiple Choice

If the marginal social cost of producing a public good is greater than the marginal social benefit,then

• A)more than the efficient quantity of the public good is being produced.
• B)less than the efficient quantity of the public good is being produced.
• C)the efficient quantity of the public good is being produced.
• D)the public good is being produced by a private firm.
• E)the public good must be a common resource.