Examlex

Solved

When 2,000 Hamburgers a Day Are Produced,the Marginal Social Benefit

question 96

Multiple Choice

When 2,000 hamburgers a day are produced,the marginal social benefit from the 2000th hamburger is $1.50 and its marginal social cost is $1.00.And when 7,500 hamburgers a day are produced,the marginal social benefit from the 7,500th hamburger is $1.00 and its marginal social cost is $1.50.The efficient quantity of hamburgers is ________ a day


Definitions:

Psychotherapists

Professionals who use psychological methods to help individuals overcome difficulties and achieve personal growth.

Effectiveness

Effectiveness refers to the degree to which a method, process, or activity achieves its intended outcome or result.

Fully Functioning

A term used in humanistic psychology to describe an individual who is living in alignment with their true self and potential.

Real Selves

The authentic version of an individual, embodying their true thoughts, feelings, and desires.

Related Questions