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If at the current market equilibrium level of production, the marginal social benefit from consuming the product exceeds the marginal social cost of producing it:
If at the current market equilibrium level of production, the marginal social benefit from consuming the product exceeds the marginal social cost of producing it: Group of answer choices Social economic efficiency is improved if the government raises the price to consumers until the marginal benefit to society equals the marginal cost to society. The market equilibrium has reached a socially efficient level of output. Social economic efficiency is improved if more of the product is produced. Social economic efficiency is improved if less of the product is produced
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