True/False
If the marginal benefits are greater than the marginal cost of an activity, then society should allocate fewer resources to this activity.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q345: The typical production possibilities curve is<br>A) an
Q346: A nation's production possibilities curve shows the
Q347: Economic growth is a result of<br>A) a
Q348: Economics involves marginal analysis because<br>A) most decisions
Q349: A movement from one point to another
Q351: What is a major opportunity cost of
Q352: Suppose that a consumer purchases just two
Q353: According to economists, economic self-interest<br>A) is a
Q354: A nation that devotes more of its
Q355: A nation's production possibilities curve might shift