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Need help on this When should a private good be produced from an efficiency standpoint? O When the marginal benefit from consumption exceeds the marginal

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When should a private good be produced from an efficiency standpoint? O When the marginal benefit from consumption exceeds the marginal cost. O When the sum of all of society's marginal benefit exceeds the marginal cost. O When the marginal cost exceeds the marginal benefit from consumption. O When the marginal cost exceeds the sum of all of society's marginal benefit

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