We Allocate Resources Efficiently When

question 179

Multiple Choice

We allocate resources efficiently when

• A) marginal benefit is equal to marginal cost.
• B) marginal benefit is greater than marginal cost by any amount.
• C) marginal cost is greater than marginal benefit.
• D) total benefit is greater than total cost.
• E) marginal benefit is greater than marginal cost by as much as possible.

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