Examlex

Solved

If Marginal Benefit Is Less Than Marginal Cost,output Is Inefficiently

question 4

True/False

If marginal benefit is less than marginal cost,output is inefficiently high.


Definitions:

Absorption

The process by which substances are taken up into or across tissues, such as the absorption of nutrients by the intestines.

Anaphylactic Reaction

A severe, potentially life-threatening allergic reaction that can occur rapidly after exposure to an allergen.

Medication Allergy

An adverse immune response or hypersensitivity to a drug, which can range from mild rash to life-threatening reactions.

Bronchiolar Muscles

Smooth muscle tissues found in the walls of the bronchioles in the lungs, which contract and relax to regulate airflow.

Related Questions