APFIVE Calculating Net Social Benefit
If the marginal social benefit of consuming a product is $30 and the marginal social cost is $20, what is the net social benefit?
A
$20
B
$50
C
$30
D
$10
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If the marginal social benefit of consuming a product is $30 and the marginal social cost is $20, what is the net social benefit?
$20
$50
$30
$10
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