If the Marginal Social Benefit of Consuming a Product Exceeds

question 79

Multiple Choice

If the marginal social benefit of consuming a product exceeds the marginal social cost,social welfare _____

• A)increases when output decreases.
• B)decreases when output increases.
• C)remains unchanged when output increases.
• D)increases when output increases.
• E)is at its maximum.

---

Definitions:

Productivity Program

A set of initiatives or software applications designed to increase efficiency and output of workers or production processes.

Positive Effects

Outcomes or impacts that are beneficial or advantageous to an individual, group, or society.

Average Product

The output per unit of input, calculated by dividing total product by the quantity of input used in its production.

Marginal Product

The additional output generated by employing one more unit of a specific factor of production.