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10) Overproduction of a good means that A) this is a public good. B) deadweight loss has been eliminated. C) the sum of consumer surplus and producer surplus is greater than the sum for an efficient allocation. D) marginal social benefit exceeds marginal social cost. E) marginal social cost exceeds marginal social benefit
10) Overproduction of a good means that A) this is a public good. B) deadweight loss has been eliminated. C) the sum of consumer surplus and producer surplus is greater than the sum for an efficient allocation. D) marginal social benefit exceeds marginal social cost. E) marginal social cost exceeds marginal social benefit
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