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.Management Sciences
A. marginal cost is set equal to marginal revenue
B. price is less than marginal cost
C. marginal consumer benefit is less than marginal revenue
D. there is too little output at too high a cost
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- A. an increase in the equilibrium price and quantity B. a decrease in the equilibrium price and an increase in the equilibrium quantity C. none of these answers D. a decrease in the equilibrium price and quantity. E. an increase in the equilibrium price and a decrease in the equilibrium quantity...
- Nationalisation occurs when ?
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- An allocation is Pareto-efficient if no reallocation of resources would make some people _______ without making others ________?
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