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Tidy Tidy
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8 years ago
When the marginal benefit equals the marginal cost of the last unit sold in a competitive market
A) the net benefit of consumers is equal to the net benefit of producers.
B) an economically efficient level of output is produced.
C) producer surplus is equal to consumer surplus.
D) total benefit is equal to total cost.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
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Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
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SydnieSydnie
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8 years ago
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Tidy Author
wrote...

8 years ago
Thanks
klyn
wrote...

Yesterday
Good timing, thanks!
mmmm_dat_userna
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2 hours ago
Brilliant ツ
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