If Production Is Not at an Efficient Level,which of the Following

question 1

Multiple Choice

If production is not at an efficient level,which of the following must be true?

• A)Marginal social benefit exceeds marginal social cost.
• B)Marginal social cost exceeds marginal social benefit.
• C)Production will increase.
• D)Production will decrease.
• E)Total surplus is not maximized.

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