If the Marginal Benefit from Another Computer Exceeds the Marginal

question 158

Multiple Choice

If the marginal benefit from another computer exceeds the marginal cost of the computer, then to use resources allocatively efficiently,

• A) fewer resources should be used to produce computers.
• B) if the marginal benefit exceeds the marginal cost by as much as possible, the efficient amount of resources are being used to produce computers.
• C) more resources should be used to produce computers.
• D) None of the above is correct because marginal benefit and marginal cost have nothing to do with using resources allocatively efficiently.

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Definitions:

Oxygen In Blood

The vital process by which oxygen is transported by red blood cells from the lungs to the rest of the body, supporting cellular respiration.

Hemoglobin

A protein in red blood cells responsible for transporting oxygen from the lungs to the body's tissues and organs.

Bound

Confined, secured, or held within certain limits or under a specific constraint.

Clotting Process

The series of steps that the body undertakes to stop bleeding, involving the aggregation of platelets and the formation of fibrin strands that trap blood cells.