When a firm with market power produces less than the socially efficient level of output, there would

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When a firm with market power produces less than the socially efficient level of output, there would be ____________ to society of producing one more unit.

neither a gain nor a loss

a net loss

a net gain

Related Book For answer-question

Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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Posted Date: Jan 20, 2024 08:08 AM

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