When a computer firm is producing a level of output

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When a computer firm is producing a level of output at which MC is greater than price, from society's standpoint the firm is producing too

Much because society is giving up more to produce additional computers than the computers are worth.

Much because society would be willing to give up more alternative goods in order to get additional computers.

Little because society is giving up more to produce additional computers than the computers are worth.

Little because society would be willing to give up more alternative goods in order to get additional computers.

Reference no: EM13736682

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