Multiple Choice
If both the MU and MC of flower pots is $1.50 and the MU and MC of coffee cups is $2, then economic efficiency would require
A) increased production of flower pots.
B) increased production of coffee cups.
C) the price of coffee cups to exceed the price of flower pots.
D) the price of flower pots to exceed the price of coffee cups.
Correct Answer:
Verified
Correct Answer:
Verified
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