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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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8 years ago
If the demand curve is the same as the marginal benefit curve and the supply curve is the same as the marginal cost curve, then the quantity at which they cross is
i.   the equilibrium quantity.
ii.   the allocatively efficient quantity.
iii.   the quantity with no deadweight loss.
A) i, ii, and iii.
B) only i.
C) only ii.
D) only i and ii.
E) only i and iii.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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8 years ago
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#2
3 years ago
thank you
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