W When marginal benet equals marginal cost, a market economy will: 0 Allocate too few resources to production of the product 0 Produce a socially optimal allocation of resources 0 Not produce the product without government intervention 0 Allocate too manlyr resources to production of the product When marginal cost exceeds marginal benefit, a market economy will: O Not produce the product without government intervention O Allocate too many resources to production of the product O Allocate too few resources to production of the product O Produce a socially optimal allocation of resourcesWhen the production of a product creates external benets greater than external costs, a market economy will: 0 Allocate too many resources to production of the product 0 Allocate too few resources to production of the product 0 Produce a socially optimal allocation of resources 0 Not produce the product without government intervention