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The Rational Rule for Society is that society should produce another unit of a good if: The Rational Rule for Society is that society should
The Rational Rule for Society is that society should produce another unit of a good if: The Rational Rule for Society is that society should produce another unit of a good if: gains to the producer exceed losses to the producer. the marginal social benefit exceeds the marginal social cost. the total social benefit exceeds the total social cost. the marginal private benefit exceeds the marginal private cost
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