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when the production level equates the marginal social cost and the marginal social benefit a. net gains can be acheived by producing more output b.
when the production level equates the marginal social cost and the marginal social benefit a. net gains can be acheived by producing more output b. there is deadweight loss c. the quantity of output is socially optimal d. totla economic surplus would increase if more output were produced e. net gains can be acheived by producing less output
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