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Need help with this question. Thank you What best describes a social welfare-maximizing allocation of resources in the presence of a production externality? O The

Need help with this question. Thank you

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What best describes a social welfare-maximizing allocation of resources in the presence of a production externality? O The marginal social cost of production is equal to the marginal social benefit of consumption O The marginal private cost of production is equal to the marginal social benefit of consumption O The marginal damage of production equals the marginal private cost of production O The marginal damage from production equals the marginal social benefit of consumption

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