To Determine the Efficient Amount of a Good or Service

Multiple Choice

To determine the efficient amount of a good or service.

A) The benefits provided by a good or service must be equal to or less than the costs of providing it.
B) The difference between the benefits and costs must be as small as possible, or maximized.
C) The marginal benefit of a good or service must be greater than the marginal cost.
D) The benefits provided by a good or service must be equal to or greater than the costs of providing it, and the difference between the benefits and costs must be maximized.