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Home / Questions / If at the current output of X the PX < MCX (the price of X is smaller than the marginal

If at the current output of X the PX < MCX (the price of X is smaller than the marginal

If at the current output of X the PX < MCX (the price of X is smaller than the marginal cost of X), then society gains by
producing more X.
producing less X.
lowering the price of X.
increasing the cost of producing X.

Nov 10 2017 View more View Less

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