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Loraine Loraine
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9 years ago
Allocative efficiency is achieved when the marginal benefit of a good
A) exceeds the marginal cost regardless of how much the difference is.
B) is less than its marginal cost.
C) is equal to its marginal cost.
D) equals zero.
E) exceeds the marginal cost by as much as possible.
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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SmooothSmoooth
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8 years ago
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8 years ago
No problemo Happy Dummy
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