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Author Question: When you consume good Q not only do you benefit from consuming the good, but the other people ... (Read 74 times)

dbose

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on: May 25, 2020
When you consume good Q not only do you benefit from consuming the good, but the other people benefit from your consumption as well. If firms produce good Q where P = MC, firms will be producing
◦ the socially efficient level of output.
◦ so that consumer surplus is zero.
◦ more than the socially efficient level of output.
◦ less than the socially efficient level of output.
Essential Economics for Business ¦ Sloman, Jones ¦ 5th Edition
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Marked as best answer by dbose on May 25, 2020

rosiehomeworddo

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Reply #1 on: May 25, 2020
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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dbose

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Reply 2 on: May 25, 2020
Great answer, keep it coming :)

amandalm

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Reply 3 on: Yesterday
Excellent

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