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If social returns to the production of a good are greater than private returns (and external benefits are ignored) then we can conclude that relative
If social returns to the production of a good are greater than private returns(and external benefits are ignored)then we can conclude that relative to the social optimum, the good will be:
Select one:
A.over produced and under priced.
B.under produced and over priced.
C.over produced and over priced.
D.under produced and under priced.
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