If Marginal Benefit Is Greater Than Marginal Cost for the Production

question 77

True/False

If marginal benefit is greater than marginal cost for the production of cars, to reach the allocative efficient quantity of cars, the production of cars must be increased.

---

Definitions:

The Abstract

A brief summary of a research article, thesis, review, or other scientific document's objectives, methodology, results, and conclusions.

The Abstract

A brief summary of a research article, thesis, review, or other study highlighting the main points and conclusions.

Results Section

The part of a research paper where the findings from the data analysis are presented and summarized.

Social Desirability

The inclination of individuals to respond to questions in a way that they believe will be positively perceived by others.