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Author Question: Suppose the government is producing a public good. If the marginal benefit of the last unit of a ... (Read 64 times)

penguins

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on: May 24, 2019
Suppose the government is producing a public good. If the marginal benefit of the last unit of a public good produced is greater than the marginal cost of that unit, to achieve the efficient amount of production, what should be done?
◦ The government should produce more units.
◦ The government should cease production.
◦ Private firms should take over the production and sale of the good.
◦ Nothing, because the government is already producing the efficient quantity of the public good.
◦ The government should produce fewer units.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by penguins on May 24, 2019

katkat_flores

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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penguins

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Reply #2 on: May 24, 2019
Thanks


katkat_flores

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Reply #3 on: May 24, 2019
Welcome :)


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