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Author Question: The marginal cost of production that is borne by the entire society is the A) marginal private ... (Read 102 times)

Sportsfan2111

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on: Jun 29, 2018
The marginal cost of production that is borne by the entire society is the
 
  A) marginal private cost.
  B) marginal social cost.
  C) marginal external cost.
  D) None of the above answers is correct.

Question 2

The above figure shows the marginal social benefit and marginal social cost curves of doughnuts in the nation of Kaffenia. At Kaffenia's efficient quantity of doughnuts
 
  A) total consumer surplus is zero.
  B) total producer surplus is zero.
  C) consumer surplus exceeds producer surplus by the greatest possible amount.
  D) the sum of consumer surplus and producer surplus is maximized.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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batool

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Reply #1 on: Jun 29, 2018
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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Sportsfan2111

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Reply #2 on: Jun 29, 2018
Thank you :)


batool

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Reply #3 on: Jun 29, 2018
Happy to help you


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