If the Marginal Benefit Received from a Good Is Less

question 65

Multiple Choice

If the marginal benefit received from a good is less than the marginal opportunity cost of production, then:

• A) society's well-being can be improved if production increases.
• B) society's well-being cannot be improved by changing production.
• C) the market is producing too much of the good.
• D) the market is producing too little of the good.

---

Definitions:

Meal Plans

A schedule or strategy for planning meals ahead of time, often designed to meet individual health or dietary needs.

Food Management

The process of planning, storing, preparing, and consuming food in a way that meets nutritional needs and food safety.

Detailed Menus

Specifically outlined meal plans that include comprehensive information on ingredients, portion sizes, and nutritional content.

Advantages

Benefits or favorable factors that arise from a particular situation or action.