When Every Good or Service Is Produced Up to the Point

question 162

Multiple Choice

When every good or service is produced up to the point where the last unit provides a marginal benefit to society equal to the marginal cost of producing it,________ occurs.

• A)allocative efficiency
• B)productive efficiency
• C)equity
• D)efficient central planning

Recognize the purpose and content of secondary legal sources like hornbooks.

Identify the system of court reporters that categorizes the country into geographical regions.

Understand the roles of the plaintiff's and defendant's names in case titles at different court levels.

Describe the use of parallel citations in legal research.