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If at the current output of X the P X> MC X, then society gains by a.increasing the cost of producing X . b.producing more
If at the current output of X thePX>MCX, then society gains by
a.increasing the cost of producingX.
b.producing moreX.
c.raising the price ofX.
d.producing lessX.
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Research Methods Design And Analysis
Authors: Larry Christensen
13th Edition
0205961258, 978-0205961252
