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Figure 13.2 Private and Socially Ideal Choices When

question 13

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Figure 13.2
Private and Socially Ideal Choices when
Marginal Social Benefit Exceeds Marginal Private Benefit
Figure 13.2 Private and Socially Ideal Choices when Marginal Social Benefit Exceeds Marginal Private Benefit    -According to figure 13.2: A)  The private decision-maker perceives benefits to each unit of an activity that the social decision-maker does not B)  The private decision-maker perceives costs to each unit of an activity that the social decision-maker does not C)  The social decision-maker perceives costs to each unit of an activity that the private decision maker does not D)  The social decision-maker perceives benefits to each unit of an activity that the private decision-maker does not
-According to figure 13.2:


Definitions:

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