When does social benefit maximization occur?

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Economics · Economics

Verified Solution4 OptionsUpdated: October 2026👁️1 View

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When marginal social benefit is greater than marginal social cost.

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Answer 1

When marginal social benefit is greater than marginal social cost.

Answer 2

When marginal social benefit is equal to marginal social cost.

Answer 3

When marginal social benefit is less than marginal social cost.

Answer 4

When there is no increase in production.

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