When the social value and the private value are equal to one another but social cost is higher than the private cost, the private market
When the social value and the private value are equal to one another but social cost is higher than the private cost, the private market ____________ compared to the social ____________ O overproduces, optimum 0 None of the other alternatives are correct 0 overproduces, equilibrium 0 underproduces, optimum
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