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What type of efficiency occurs when externalities are considered, and the social cost of production equals the social benefit?a)Allocative efficiencyb)Social efficiencyc)Pareto efficiencyd)Technical efficiencyCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What type of efficiency occurs when externalities are considered, and the social cost of production equals the social benefit?a)Allocative efficiencyb)Social efficiencyc)Pareto efficiencyd)Technical efficiencyCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What type of efficiency occurs when externalities are considered, and the social cost of production equals the social benefit?a)Allocative efficiencyb)Social efficiencyc)Pareto efficiencyd)Technical efficiencyCorrect answer is option 'B'. Can you explain this answer?.

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