Pig Pen Industries Is Currently Producing 5000 Tons of Paper

question 54

Multiple Choice

Pig Pen Industries is currently producing 5000 tons of paper per day. At this level of production, marginal social costs are $10 per ton while marginal social benefits are $12 per ton. We know that Pig Pen:

• A) is producing efficiently.
• B) is producing an amount less than the efficient amount.
• C) is producing an amount greater than the efficient amount.
• D) could increase net benefits for society by increasing production.

---

Definitions:

Servant Leadership

A leadership philosophy that emphasizes the importance of serving others and putting their needs first to improve the organization and society.

Creating Value

The process of enhancing or adding worth to products, services, or experiences, often through innovation or by fulfilling needs and desires of customers or stakeholders.

Day Of Service

A designated day on which individuals or groups volunteer their time and effort to benefit their community.

Ethically

In a manner that is morally right or acceptable.