If,in a Competitive Market,marginal Benefit Is Greater Than Marginal Cost

question 203

Multiple Choice

If,in a competitive market,marginal benefit is greater than marginal cost

• A)the net benefit to consumers from participating in the market is greater than the net benefit to producers.
• B)the government must force producers to lower price in order to achieve economic efficiency.
• C)the quantity sold is greater than the equilibrium quantity.
• D)the quantity sold is less than the equilibrium quantity.

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