The Socially Efficient Level of Output Is Determined Where

question 148

Multiple Choice

The socially efficient level of output is determined where

• A)marginal social cost equals marginal social benefit
• B)marginal private cost equals marginal social benefit
• C)average social cost equals average social benefit
• D)average private cost equals average social benefit
• E)total social cost equals total social benefit

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The action of telling jokes or acting in a humorous manner, often to entertain others.

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