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Loraine Loraine
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8 years ago
For resource use to be allocatively efficient, when the marginal benefit of a slice of pizza exceeds the marginal cost,
A) more slices of pizza should be produced.
B) fewer slices of pizza should be produced.
C) no more slices of pizza should be produced.
D) allocative efficiency is reached only if the marginal benefit exceeds the marginal cost by as much as possible.
E) None of the above answers is correct.
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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#2
8 years ago
No problemo Happy Dummy
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