If Someone Produced Too Much of a Good,this Would Suggest

question 184

Multiple Choice

If someone produced too much of a good,this would suggest that:

• A) rational choice cannot be applied to many economic decisions.
• B) the good was produced past the point where its marginal cost exceeded its marginal benefit.
• C) certain goods and services such as education and health care are inherently desirable and should be produced regardless of costs and benefits.
• D) the good was produced to the point where its marginal benefit exceeded its marginal cost.

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