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Lauren1 Lauren1
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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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MrDerecheMrDereche
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9 years ago
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Lauren1 Author
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9 years ago
Thank you, this really, really helps Heavy Heart
wrote...
9 years ago
You're welcome!
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