Multiple Choice
Which of the following is the incorrect statement?
A) The marginal benefits curve is the slope of the total benefits curve.
B) dB(Q) /dQ = MB.
C) The slope of the net benefit curve is vertical where MB = MC.
D) The vertical difference between the total benefit curve and the total cost curve is maximized at the optimal level of Q.
Correct Answer:
Verified
Correct Answer:
Verified
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