If the Marginal Benefit Received from Consuming a Good Is

question 139

Multiple Choice

If the marginal benefit received from consuming a good is equal to the marginal cost of production:

• A)society's well-being cannot be improved by changing production.
• B)society's well-being can be improved if production decreases.
• C)society's well-being can be improved if production increases.
• D)the market is producing too much of the good.

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