Solved

At the Current Level of Output, the Marginal Social Benefit

Question 48

Multiple Choice

At the current level of output, the marginal social benefit from a slice of pizza is less than the marginal social cost of producing a slice of pizza. Resources will be used more efficiently if ________ slices of pizza are produced and ________ other goods are produced.


A) fewer; fewer
B) more; fewer
C) more; more
D) fewer; more

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions