

MCQOPTIONS
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1. |
When you consume good Q, not only do you benefit form consuming the good but other people benefit from your consumption as well, if firms produce good Q where P = MC, firms will be producing ? |
A. | less than the efficient level of output |
B. | more than the efficient level of output |
C. | so that consumer surplus is zero |
D. | the efficient level of output |
Answer» B. more than the efficient level of output | |