If there is a deadweight loss,
A. underproduction must exist.
B. overproduction must exist.
C. marginal social surplus must not be zero.
D. marginal social benefit must not be equal to marginal private cost.
Answer:C
If there is a deadweight loss,
A. underproduction must exist. B. overproduction must exist. C. marginal social surplus must not be zero. D. marginal social benefit must not be equal to marginal private cost.