In the figure above, at the allocatively efficient level of ...

[ec501234]

In the figure above, at the allocatively efficient level of computer production the marginal cost of producing a computer is
 
  A) 0 televisions per computer.
  B) between 0 and 3 televisions per computer.
  C) 3 televisions per computer.
  D) more than 3 televisions per computer.

Question 2

When a reward might not occur, economists incorporate the uncertainty by multiplying the reward by a:
 
  A) positive factor more than 1.
  B) positive factor less than 1.
  C) negative factor more than -1.
  D) negative factor less than -1.

[dominiqueenicolee]

Answer to Question 1

C

Answer to Question 2

B