When the Marginal Cost of Producing a Bike Is Greater

question 269

Multiple Choice

When the marginal cost of producing a bike is greater than the marginal benefit of the bike,for resource use to be allocatively efficient,

• A) more bikes should be produced.
• B) fewer bikes should be produced.
• C) no more and no fewer bikes should be produced.
• D) it must be determined if the production of bikes can be increased.
• E) people must be educated to demand more bikes.

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Definitions:

Scleral Venous Sinus

A circular channel in the eye that drains aqueous humor from the eye into the bloodstream, also known as the Canal of Schlemm.

Aqueous Humor

is a clear fluid located in the front and between the lens and the cornea of the eye, helping to maintain intraocular pressure and provide nutrients to the eye tissues.

Anterior Cavity

A body cavity located at the front part of the body, which includes the thoracic and abdominopelvic cavities, housing major organs.

Fovea Centralis

A small depression in the retina of the eye where visual acuity is highest, owing to a high density of cones.