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25 Oct 2018

11) It is efficient to produce an additional shirt if the A) producer surplus from the additional shirt exceeds its consumer surplus. B) marginal social benefit from producing the shirt exceeds zero. C) consumer surplus from the additional shirt exceeds its producer surplus. D) marginal social benefit of producing the shirt equals zero. E) marginal social benefit from producing the shirt is greater than the marginal social cost of producing it.

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Irving Heathcote
Irving HeathcoteLv2
25 Oct 2018
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