Net social benefits are maximized whena average benefits, Ask an Expert

Economics

Net social benefits are maximized when:

a. average benefits and marginal benefits are equal

b. marginal benefits are less than marginal costs

c. total benefits are equal to total cost

d. marginal benefits equal marginal costs

e. marginal benefits are greater than marginal costs

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91422427

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