The social cost of a monopoly is equal to its

When the marginal benefit and marginal cost of sodas are equal, then

A) the production of sodas might be allocatively efficient but it is definitely production inefficient. B) the allocatively inefficient amount of sodas is being produced. C) more sodas should be produced to reach the allocatively efficient quantity. D) fewer sodas should be produced to reach the allocatively efficient quantity. E) the allocatively efficient amount of sodas is being produced.

College education tends to result in a negative externality because the recipient does not receive the full benefit of the education

Indicate whether the statement is true or false