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If we assume that making and consuming a product leads to externalities, which of the following would be the Pareto efficient level? a. If marginal
If we assume that making and consuming a product leads to externalities, which of the following would be the Pareto efficient level? a. If marginal private benefit matches marginal social benefit. b. If marginal social cost matches marginal social benefit. c. If marginal private cost matches marginal private benefit. d. If marginal private cost matches marginal social benefit
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