Question: d) Suppose the MB curve moves up over time while MC stays the same. List one reason why marginal benefits might increase over time: ________________________________________
d) Suppose the MB curve moves up over time while MC stays the same. List one reason why marginal benefits might increase over time: ________________________________________ e) Explain in a sentence or two (no need for algebra) what will happen to X* as the MB curve gets higher and higher, and why this makes intuitive sense given your answer to (d) above
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