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What is true if a benevolent social planner chooses to produce more than the equilibrium quantity of a good?



This question is part of Microeconomics [Ch.
Asked by Emy_, Last updated: Nov 20, 2020

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Emy_2

Emy_

Emy_2
Emy_

Answered Oct 14, 2017

The cost of production on the last unit produced exceeds the value placed on it by buyers
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