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Lauren1 Lauren1
wrote...
Posts: 4120
9 years ago
Resource use is allocatively efficient if the
A) total cost of what the resource produces is less than the total benefit of what is produced.
B) total cost of what the resource produces is equal to the total benefit of what is produced.
C) marginal benefit of what the resource produces has diminished to zero.
D) marginal cost of what the resource produces is equal to the marginal benefit of what is produced.
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Answer accepted by topic starter
MrDerecheMrDereche
wrote...
Top Poster
Posts: 4097
9 years ago
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Lauren1 Author
wrote...
9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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