Multiple Choice
If the output of product X is such that marginal benefit equals marginal cost,
A) the correct amount of resources is being allocated to X's production.
B) the value of producing X exceeds the value of producing alternative products with the available resources.
C) there can be a net gain to society by allocating either more or less resources to producing X.
D) resources are overallocated to the production of X.
Correct Answer:

Verified
Correct Answer:
Verified
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