Multiple Choice
It is efficient to increase the output of computers if
A) society considers the extra computers more valuable than other goods foregone to produce the computers.
B) the opportunity cost of more computers is greater than their marginal utility.
C) computer production can be increased only if production of other goods is decreased.
D) the price of the computers is equal to their average cost.
Correct Answer:
Verified
Correct Answer:
Verified
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