Use the Following to Answer Question(s): Markets and Efficiency

Multiple Choice

Use the following to answer question(s) : Markets and Efficiency

-(Exhibit: Markets and Efficiency) A producer will produce additional apples:

A) as long as marginal benefit is less than marginal cost.
B) as long as marginal benefit exceeds marginal cost.
C) if marginal cost is decreasing and price is the same.
D) if price does not cover costs.