At the Market Equilibrium,when Efficiency Is Attained,the Marginal Benefit ________

question 121

Multiple Choice

At the market equilibrium,when efficiency is attained,the marginal benefit ________ the marginal cost.

• A) is equal to
• B) is greater than
• C) is less than
• D) has no necessary relationship with
• E) is equal to the marginal deadweight loss which is equal to

---

Definitions:

Functionalist Theory

A sociological perspective emphasizing that all parts of society are interconnected, functioning together to maintain stability and social order.

Power/Knowledge Dynamic

The ways in which power and knowledge interact with each other, influencing how knowledge is created, disseminated, and employed to maintain or challenge power structures.

Foucault

A French philosopher and social theorist known for his analysis of power and discourse and for influencing a broad spectrum of social sciences.

Nexus

A connection or series of connections linking two or more things, serving as a central or focal point.