If the Marginal Benefit from Another Computer Exceeds the Marginal

question 367

Multiple Choice

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

• A) more resources should be used to produce computers.
• B) fewer resources should be used to produce computers.
• C) if the marginal benefit exceeds the marginal cost by as much as possible, the efficient amount of resources are being 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:

Moral Responsibility

The obligation to act righteously and to be accountable for one's actions.

Determinism

The concept in philosophy that every event, including decisions of a moral nature, are fully dictated by causes that predated them.

Free Will

The capacity of agents to choose between different possible courses of action unimpeded.

Determinism

The philosophical doctrine suggesting that all events, including moral choices, are determined by previously existing causes.