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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
Marginal social cost
A) is the additional cost to the consumer of consuming another unit of a good.
B) is equal to price times quantity sold.
C) decreases as more of a good is produced and, hence, is depicted by a downward sloping curve.
D) is the opportunity cost of producing one more unit of a good and, hence, is the same as the supply curve.
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MrDerecheMrDereche
wrote...
Top Poster
Posts: 4096
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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