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-In the Above Figure, If 4,000 Bicycles Are Produced Per

Question 438

Multiple Choice

-In the above figure, if 4,000 bicycles are produced per month, A) marginal benefit is greater than marginal cost. B) fewer bicycles should be produced to reach the allocatively efficient level of output. C) the marginal cost of production is 2 bottles of soda per bicycle. D) Both answers A and B are correct.
-In the above figure, if 4,000 bicycles are produced per month,


A) marginal benefit is greater than marginal cost.
B) fewer bicycles should be produced to reach the allocatively efficient level of output.
C) the marginal cost of production is 2 bottles of soda per bicycle.
D) Both answers A and B are correct.

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