Why are fighter aircraft being produced at efficient level


Problem

Suppose the marginal social cost of fighter aircraft each year exceeds their marginal social cost benefit. Why are fighter aircraft being produced at an efficient level?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: Why are fighter aircraft being produced at efficient level
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