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Lauren1 Lauren1
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Posts: 4120
10 years ago
At the quantity of 1000 tacos, the marginal social benefit of a taco is $.50 and the marginal social cost is $.60. To produce the efficient quantity of tacos,
A) more tacos should be produced.
B) fewer tacos should be produced
C) there should be no change in the amount of tacos produced.
D) More information on production costs is needed to determine the efficient level of tacos.
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MrDerecheMrDereche
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Posts: 4097
10 years ago
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Lauren1 Author
wrote...
10 years ago
Thank you, this really, really helps Heavy Heart
wrote...
10 years ago
You're welcome!
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