Suppose the Nation Is Producing at a Point on Its

question 157

Multiple Choice

Suppose the nation is producing at a point on its PPF.If the marginal cost of producing one more computer is greater than the marginal benefit,the nation is producing

• A) too few computers to be allocatively efficient.
• B) too many computers to be allocatively efficient.
• C) the correct number of computers to be allocatively efficient.
• D) at the point of allocative efficiency.
• E) More information is needed to determine if the nation is or is not producing at the allocatively efficient point.