Producing a quantity larger than the equilibrium of supply and demand is inefficient because the marginal buyers
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Producing a quantity larger than the equilibrium of supply and demand is inefficient because the marginal buyer’s willingness to pay is a negative b zero c positive but less than the marginal seller’s cost d positive and greater than the marginal seller’s cost
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Related Book For
Principles Of Microeconomics [Australia And New Zealand Edition]
ISBN: 9781337408066
6th Edition
Authors: Joshua Gans, Stephen King, Martin Byford, N. Gregory Mankiw
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