Multiple Choice
If the marginal benefit of a good exceeds its marginal cost
A) we've achieved efficient resource use.
B) we should produce more to achieve the allocatively efficient use of resources.
C) we should produce less to achieve the allocatively efficient use of resources.
D) we cannot tell if more or less should be produced to achieve the allocatively efficient use of resources.
Correct Answer:

Verified
Correct Answer:
Verified
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Q142: Marginal benefit curves slope _ and marginal
Q143: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -If the United
Q144: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q145: If an economy is operating at a
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Q148: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the figure
Q149: Resource use is allocatively efficient if the<br>A)
Q150: Opportunity cost is illustrated in a production
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