Producing a quantity larger than the equilibrium of supply and demand is inefficient because the marginal buyers

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Producing a quantity larger than the equilibrium of supply and demand is inefficient because the marginal buyer’s willingness to pay is

a. negative.

b. zero.

c. positive but less than the marginal seller’s cost.

d. positive and greater than the marginal seller’s cost.

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Related Book For answer-question

Principles Of Microeconomics

ISBN: 9780357133484

9th Edition

Authors: N Gregory Mankiw

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Question Posted: Jan 27, 2024 11:01 PM

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Producing a quantity larger than the equilibrium of supply and demand is inefficient because the marginal buyers

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Principles Of Microeconomics

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