-In the Figure Above, If 4 Million Computers Are Produced

question 349

Multiple Choice

-In the figure above, if 4 million computers are produced per year then the ________ should be produced to achieve the allocatively efficient use of resources.

• A) marginal cost of a computer exceeds the marginal benefit of a computer, so more computers
• B) marginal cost of a computer exceeds the marginal benefit of a computer, so fewer computers
• C) marginal benefit of a computer exceeds the marginal cost of a computer, so more computers
• D) marginal benefit of a computer exceeds the marginal cost of a computer, so fewer computers

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Definitions:

Social Problem

An issue within a society that is recognized as preventing individuals or groups from achieving their full potential or causing significant public concern.

Selection Opinions

Personal judgments or preferences regarding the choosing between alternatives, often in the context of decision-making processes.

Constructive Approach

A methodology or mindset focused on building up ideas, solutions, or projects in a positive, systematic way.

Housing Subsidies

Financial assistance provided by the government or private organizations to help individuals or families afford housing.