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If the price of a commodity is above marginal cost, then the economy will tend to a. underproduce the item. b. overproduce and underproduce the

If the price of a commodity is above marginal cost, then the economy will tend to a. underproduce the item. b. overproduce and underproduce the item cyclically. c. overproduce the item. d. produce the optimal amount of the item

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