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25-04-2024
Business

Answered

If, for the last unit of a product produced, its value to society is less than the value society places on the resources required to produce it, then?
1) opportunity cost of continuing to produce that product is too low.
2) little of the product is being produced.
3) marginal cost of production is too high.
4) much of the product is being produced.

Answer :

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