Marginal Cost Pricing Results in the Most Desirable Mix of Goods

question 93

Multiple Choice

Marginal cost pricing results in the most desirable mix of goods and services from the consumer's standpoint because

• A)Firms are forced to produce at the most technically efficient output level.
• B)Economic profits are zero.
• C)Prices are forced down to the lowest possible level.
• D)The prices consumers pay are a reflection of the value of the goods and services given up.