The Efficient Level of Paper Production Will Occur Where the

question 15

Multiple Choice

The efficient level of paper production will occur where the

• A) marginal private benefit from consuming paper is equal to the marginal social cost of production.
• B) marginal social benefit from consuming paper is equal to the marginal social cost of production.
• C) the economically efficient level of the output of paper is equal to the economically efficient level of inputs.
• D) production of paper no longer produces negative externalities.

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