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6 Dec 2017
The overproduction of a good means that A) deadweight loss has been eliminated. the sum of consumer surplus and producer surplus is greater than the sum for an efficient allocation. marginal cost exceeds marginal benefit. marginal benefit exceeds marginal cost. marginal benefit equals marginal cost.
The overproduction of a good means that A) deadweight loss has been eliminated. the sum of consumer surplus and producer surplus is greater than the sum for an efficient allocation. marginal cost exceeds marginal benefit. marginal benefit exceeds marginal cost. marginal benefit equals marginal cost.
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