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3 4 . 1 0 . MANK 0 9 benevolent social planner would prefer that the output of good x be increased from its current

34.10.MANK09
benevolent social planner would prefer that the output of good x be increased from its current level if, at the current level of output of good x,
a. social value = private cost = social cost > private value.
b. social value = private value = private cost social cost.
c. social cost = private cost = private value social value.
d. social cost > private value = social value > private cost.
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