If Marginal Benefit Is Equal to Marginal Cost,then the

question 138

Multiple Choice

If marginal benefit is equal to marginal cost,then the

• A) producer surplus is equal to the consumer surplus.
• B) sum of producer surplus and consumer surplus is as large as possible.
• C) sum of producer surplus and consumer surplus equals zero.
• D) market has squeezed out total surplus so that it equals zero.
• E) deadweight loss is more than zero but less than its maximum.

---

Definitions:

Commuter Marriage

A marital arrangement where spouses live apart, typically due to work obligations, and commute to spend time together.

Paycheck

A document issued by an employer to an employee to pay for services rendered, typically reflecting the amount earned minus taxes and other deductions.

Stay-at-home Dads

Fathers who choose to stay at home to care for their children and manage household duties, challenging traditional gender roles.

High Paying Jobs

Occupations that offer a salary significantly above the average, providing financial security and often requiring specialized skills or education.