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The marginal benefits and costs for option C are measured relative to a noregulation baseline. Are the MB > MC for option C? Option B?
The marginal benefits and costs for option C are measured relative to a noregulation baseline. Are the MB > MC for option C? Option B? Option A? Does this result contradict your answer to part 1? 4. Option B has the biggest benefit/cost ratio. Does this contradict your answer to
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