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Tidy Tidy
wrote...
Posts: 4852
8 years ago
If, in a competitive market, marginal benefit is greater than marginal cost
A) the net benefit to consumers from participating in the market is greater than the net benefit to producers.
B) the government must force producers to lower price in order to achieve economic efficiency.
C) the quantity sold is greater than the equilibrium quantity.
D) the quantity sold is less than the equilibrium quantity.
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 215 times
1 Reply
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SydnieSydnie
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8 years ago
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Thank you, thank you, thank you!
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this is exactly what I needed
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