Marginal Benefit and Marginal Cost Must _______ to Avoid a Deadweight

question 3

Multiple Choice

Marginal benefit and marginal cost must _______ to avoid a deadweight loss.

• A) equal
• B) never equal
• C) decrease at an increasing rate
• D) increase at an increasing rate

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Definitions:

Cones

Photoreceptor cells in the retina of the eye that function best in bright light and enable color vision.

Lens

A curved piece of glass or other transparent materials used to refract light, focus images, and correct optical imperfections.

Transparent Outer Membrane

Refers typically to the cornea, the clear, dome-shaped surface that covers the front of the eye and contributes to the eye's focusing power.

Focus

Concentration or attention directed towards a specific object, task, or thought.