[Step-by-Step] The problem of the commons arises because ________ exceeds ________ when the resource is used. Marginal social benefit; marginal private benefit
Question: The problem of the commons arises because ________ exceeds ________ when the resource is used.
- Marginal social benefit; marginal private benefit
- Marginal private benefit; marginal social benefit
- Marginal private benefit; marginal cost
- Marginal cost; marginal private benefit
Deliverable: Word Document 
![[Steps Shown] The existence of a shortage](/images/solutions/MC-solution-library-36733.jpg "[Steps Shown] The existence of a shortage Means resources are")
[Steps Shown] The existence of a shortage Means resources are
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![[Step-by-Step] Producers’ total revenue will increase if](/images/solutions/MC-solution-library-36735.jpg "[Step-by-Step] Producers’ total revenue will increase if Income")
[Step-by-Step] Producers’ total revenue will increase if Income
(Step-by-Step) Dean spends all his income on movies and soda.
(See Steps) Any point below a given indifference curve is Inferior
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