-In the Above Figure, If 2 Million Computers Are Produced

question 45

Multiple Choice

-In the above figure, if 2 million computers are produced per year then the should be produced to achieve the allocatively efficient use of resources

• A) marginal benefit of a computer exceeds the marginal cost of a computer, so fewer computers
• B) marginal benefit of a computer exceeds the marginal cost of a computer, so more computers
• C) marginal cost of a computer exceeds the marginal benefit of a computer, so fewer computers
• D) marginal cost of a computer exceeds the marginal benefit of a computer, so more computers

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Willing

Ready, inclined, or favorably disposed toward taking a particular action or supporting a particular stance.

Valid Gift

A legally recognized transfer of property or assets from one individual to another without the expectation of payment or compensation.

Real Property

Real estate comprising the ground and any structures or natural features permanently affixed, such as homes and foliage.

Properly Executed Deed

A legal document that has been completed correctly, meeting all necessary formalities to transfer ownership of property.