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Q. |
The Paretian condition for a public good is that |
A. | its marginal social benefit(MSB) should be greater than marginal social cost(MSC) |
B. | its MSB should be less than MSC |
C. | its MSB should be equal to MSC |
D. | MSB should be divided by MSC |
Answer» C. its MSB should be equal to MSC |
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