A Benevolent Social Planner Would Prefer That the Output of Good

question 41

Multiple Choice

A benevolent social planner would prefer that the output of good x be decreased from its current level if, at the current level of output of good x,

• A)social value = private value = private cost < social cost.
• B)private cost < social cost = private value = social value.
• C)social cost = private cost = private value < social value.
• D)social cost = private cost = private value = social value.

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Definitions:

Marriage And Family Therapists

Mental health professionals specialized in providing counseling and therapy to individuals, couples, and families to address and resolve emotional and relational issues.

Psychiatric Social Workers

Professionals who provide support, therapy, and resources for individuals dealing with mental health issues within a social context.

Counselors

Professionals who provide guidance, advice, and support to individuals facing personal, social, educational, or psychological challenges.

Psychiatrists

Medical doctors specializing in the diagnosis, treatment, and prevention of mental health disorders.