Multiple Choice
Resource use is efficient when
A) marginal social benefit exceeds marginal social cost.
B) marginal social cost is decreasing.
C) marginal social benefit equals marginal social cost.
D) marginal social benefit is increasing.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q387: The table below shows the demand schedules
Q388: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above
Q389: Jane is willing to pay $50 for
Q390: Which of the following is a CORRECT
Q391: In 2012 a severe drought raised the
Q393: What are some of the potential obstacles
Q394: When a deadweight loss occurs in a
Q395: A market demand curve is constructed by<br>A)
Q396: By reducing its output compared to a
Q397: The table below shows the supply schedules