Multiple Choice
-In the above figure, if 2 million computers are produced per year then the should be produced to achieve the allocatively efficient use of resources
A) marginal benefit of a computer exceeds the marginal cost of a computer, so fewer computers
B) marginal benefit of a computer exceeds the marginal cost of a computer, so more computers
C) marginal cost of a computer exceeds the marginal benefit of a computer, so fewer computers
D) marginal cost of a computer exceeds the marginal benefit of a computer, so more computers
Correct Answer:
Verified
Correct Answer:
Verified
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