FIGURE 5- 5 -Refer to Figure 5- 5. If Production and Consumption of and Consumption

Multiple Choice

FIGURE 5- 5
-Refer to Figure 5- 5. If production and consumption of gardening services were 5000 hours per month

A) the value placed by consumers on the last 1000 hours is less than the additional costs associated with their provision.
B) the resources going into the last 1000 hours of gardening service would be more highly valued elsewhere.
C) this market is not achieving efficiency.
D) the provision of the last 1000 hours would decrease the amount of economic surplus in this market.
E) all of the above.