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how is social marginal cost determined? by finding the point where the social marginal benefit equals the price by adding the cost of externalities to
how is social marginal cost determined?
- by finding the point where the social marginal benefit equals the price
- by adding the cost of externalities to the firm's marginal cost
- by averaging the cost of externalities and the firm's marginal cost
- by subtracting positive externalities from negative externalities
**multiple choice
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Managerial Economics A Problem-Solving Approach
Authors: Luke M. Froeb, Brain T. Mccann
2nd Edition
B00BTM8FK0
