When a Nation Is Under-Allocating Resources to the Production of a Good

question 382

Multiple Choice

When a nation is under-allocating resources to the production of a good, then the

• A) marginal benefit is greater than the marginal cost of the good.
• B) marginal benefit is less than the marginal cost of the good.
• C) marginal cost of producing the good is decreasing.
• D) marginal benefit of producing the good is increasing.

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Definitions:

Pelvic Inflammatory Disease

An infection of the female reproductive organs, often caused by sexually transmitted bacteria.

Cystitis

Inflammation of the bladder, often caused by a urinary tract infection.

Burns Urination

A painful sensation experienced during the act of urinating, often indicative of a urinary tract infection or other medical condition.

Candidiasis

A fungal infection caused by yeasts of the genus Candida, often affecting the skin, mouth, and genital area, known as a yeast infection.