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AP Microeconomics: Market Failure & Government (A)

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AP Microeconomics Market Failure Government A
AP Microeconomics: Market Failure & Government (A)
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Free Flashcard From AP Microeconomics: Market Failure & Government (A)
Question: What is marginal social cost?
Answer: the sum of marginal private cost and marginal external cost; marginal cost of production from society's point of view

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