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When social benefits are greater than private benefits, OA. there is overproduction of a product or service. OB. there are positive externalities. OC. there is
When social benefits are greater than private benefits, OA. there is overproduction of a product or service. OB. there are positive externalities. OC. there is too little economic profit in the activity, OD. there are negative externalities
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International Macroeconomics
Authors: Robert C. Feenstra, Alan M. Taylor
Fourth Edition
1319061729, 978-1319061722
