A Deadweight Loss Is Created

question 342

Multiple Choice

A deadweight loss is created

• A) only if the last unit produced has a marginal social benefit greater than its marginal social cost.
• B) only if the last unit produced has a marginal social cost greater than its marginal social benefit.
• C) only if the last unit produced has a marginal social benefit equal to its marginal social cost.
• D) if for the last unit produced, marginal social cost is greater than its marginal social benefit or if its marginal social benefit is greater than its marginal social cost.

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