sashllely9094 sashllely9094
  • 22-11-2022
  • Business
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1. Assume that the price underestimates the value that society places on the flu vaccine. If firms produce where P = MC, firms will be producing ________ the socially efficient amount of flu vaccine.

a) exactly

b)more than

c)less than

d)sometimes more than and sometimes less than

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