Multiple Choice
If the marginal benefit were greater than the cost of a good:
A) consumers could increase their utility by buying more.
B) consumers could increase their utility by buying less.
C) producers should decrease production.
D) social net benefit would be maximized.
Correct Answer:

Verified
Correct Answer:
Verified
Q73: When a good is not easily excludable,
Q80: Excludability matters because it:<br>A) allows owners to
Q81: One "design principle" that makes informal,community-based solutions
Q82: Public goods,when left to the private market
Q83: The type of good that is most
Q84: When the government bans a good:<br>A) the
Q87: The free-rider problem is triggered by being:<br>A)
Q88: Which of the following is not an
Q89: Goods that are rival in consumption and
Q90: One way the government decides how to