Multiple Choice
The cost of producing one more unit of a good or service is equal to its
A) marginal benefit.
B) producer surplus.
C) marginal expenditure.
D) consumer surplus.
E) marginal cost.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q247: If a firm produces five chairs with
Q248: When a society achieves production efficiency,it is<br>A)
Q249: The concept of "the invisible hand" suggests
Q250: In December 2010,Kansas had a severe ice
Q252: Consumer surplus exists when a<br>A) person buys
Q253: The maximum amount of other goods and
Q254: Which of the following is true for
Q255: At a competitive equilibrium,if there are no
Q256: What are some of the potential obstacles
Q359: If the demand for a good does