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

question 201

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

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Definitions:

Mission

A statement or purpose that outlines an organization's reason for being, its core objectives, and how it seeks to achieve its goals.