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Author Question: If the marginal benefit from another computer exceeds the marginal cost of the computer, then to use ... (Read 108 times)

Zoey63294

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If the marginal benefit from another computer exceeds the marginal cost of the computer, then to use resources allocatively efficiently
 
  A) more resources should be used to produce computers.
  B) fewer resources should be used to produce computers.
  C) if the marginal benefit exceeds the marginal cost by as much as possible, the efficient amount of resources are being used to produce computers.
  D) None of the above is correct because marginal benefit and marginal cost have nothing to do with using resources allocatively efficiently.

Question 2

The above table indicates that variables x and y are
 
  A) positively related.
  B) inversely related.
  C) negatively related.
  D) not related.



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firehawk60

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Answer to Question 1

A

Answer to Question 2

A




Zoey63294

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Reply 2 on: Jun 29, 2018
Excellent


DylanD1323

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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