menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Survey of ECON
  4. Exam
    Exam 4: Using Supply and Demand
  5. Question
    Market Efficiency Occurs When the Margin of Benefits of the Last
Solved

Market Efficiency Occurs When the Margin of Benefits of the Last

Question 83

Question 83

True/False

Market efficiency occurs when the margin of benefits of the last unit consumed is equal to the marginal cost of productivity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: A perfectly elastic demand curve is vertical.

Q77: Consumer surplus increases whenever the price of

Q79: A "war on drugs" is waged, and,

Q81: When a binding price floor is imposed

Q82: Which of the following is true of

Q84: Along the demand curve for a good,

Q85: When the demand for a good is

Q86: If the demand for apples is highly

Q87: Mia have been hired by the city

Q88: Why will one expect that the longer

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines