Examlex

Solved

-The Table Above Represents the Marginal Cost and Marginal Benefit

question 151

Multiple Choice

 Quantity of  pizza  Marginal  benefit  Marginal  cost 52511620137151581017\begin{array} { | l | l | l | } \hline \begin{array} { l } \text { Quantity of } \\\text { pizza }\end{array} & \begin{array} { l } \text { Marginal } \\\text { benefit }\end{array} & \begin{array} { l } \text { Marginal } \\\text { cost }\end{array} \\\hline 5 & 25 & 11 \\\hline 6 & 20 & 13 \\\hline 7 & 15 & 15 \\\hline 8 & 10 & 17 \\\hline\end{array}
-The table above represents the marginal cost and marginal benefit associated with pizza in terms of movies) . What quantity of pizza should be produced if resources are to be used efficiently?


Definitions:

Alien Corporations

Companies that are registered and operating in a country different from where they were originally incorporated.

Private Corporations

Companies that do not offer or trade their company stock (shares) to the general public on the stock market but rather the stock is offered, owned, and traded or exchanged privately.

Closely Held

A company that has a limited number of shareholders and whose stocks are not publicly traded.

Publicly Held

Describes a company whose shares are traded openly on stock exchanges, allowing members of the general public to buy and sell shares.

Related Questions