Using the values for the marginal benefit and the marginal cost of a bushel of apples given in the table above, what is the allocatively efficient quantity of apples? Suppose 10 million bushels of apples are produced. Should the quantity be increased or deceased? What if 20 million bushels are produced; should the quantity be increased or decreased? 
Definitions:
Performance Targets
Specific goals set by a company or individual regarding the desired outcome of their work, often used to measure success or progress.
Marketing Program
A comprehensive plan that combines and coordinates various marketing activities and strategies to achieve business objectives.
Profit
The financial gain obtained when the revenue from a business activity exceeds the expenses, costs, and taxes involved in sustaining the activity.
Philosophical
relating to or concerned with the study of the fundamental nature of knowledge, reality, and existence.
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