If Marginal Costs of Production Are Greater Than Marginal Benefits

question 100

Multiple Choice

If marginal costs of production are greater than marginal benefits of production:

• A)costs will eventually decrease.
• B)too much of the good is being produced.
• C)more of the good should be produced.
• D)not all costs are being considered.

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Definitions:

Adults

Individuals who have reached the age of maturity as defined by legal, social, or cultural standards, typically gaining responsibilities and rights associated with adulthood.

Risks

Potential situations or actions that could lead to harm, loss, or another adverse effect.

School Accidents

Unintended and unplanned incidents that occur within school premises or during school activities, potentially resulting in injury.