-In the Figure Above, If the Market Is Unregulated, Then

question 392

Multiple Choice

-In the figure above, if the market is unregulated, then at the equilibrium output level, the marginal social cost of production

• A) is less than the marginal benefit to consumers.
• B) exceeds the marginal benefit to consumers.
• C) equals the marginal benefit to consumers.
• D) equals the marginal private cost of production.

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