Multiple Choice
If the marginal benefit received from a good is less than the marginal opportunity cost of production, then:
A) society's well-being can be improved if production increases.
B) society's well-being cannot be improved by changing production.
C) the market is producing too much of the good.
D) the market is producing too little of the good.
Correct Answer:

Verified
Correct Answer:
Verified
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