This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the marginal benefit of a hot dog is greater than its marginal cost, then to increase efficiency, (Read 79 times)

Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
on: May 24, 2019
If the marginal benefit of a hot dog is greater than its marginal cost, then to increase efficiency,
◦ more hot dogs should be produced.
◦ fewer hot dogs should be produced.
◦ nothing should be done if the marginal benefit is greater than the marginal cost by the maximum amount because in this case the efficient quantity of hot dogs is being produced.
◦ production should be halted.
◦ More information is needed about the price of a hot dog in order to determine if production should be increased, decreased, or not changed.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Chelseaamend on May 24, 2019

mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 56% of students answer this correctly


Chelseaamend

  • Hero Member
  • *****
  • Posts: 545
Reply #2 on: May 24, 2019
Thank you!


mcabuhat

  • Sr. Member
  • ****
  • Posts: 344
Reply #3 on: May 24, 2019
Always glad to help...


« previous next »
 

Did you know?

Thyroid conditions may make getting pregnant impossible.

Did you know?

According to the CDC, approximately 31.7% of the U.S. population has high low-density lipoprotein (LDL) or "bad cholesterol" levels.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Does Intelligence Increase with Brain Size? Does Intelligence Increase with Brain Size?
Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ... Mean scores for Erikson’s stage VI (Intimacy) for two cohorts. Scores for both cohorts increase ...
Typical Startup Cost Categories Cont. Typical Startup Cost Categories Cont.
How to solve equations containing rational exponents greater than 2 How to solve equations containing rational exponents greater than 2
Keeping your feelings to yourself may increase your stress level Keeping your feelings to yourself may increase your stress level
When operating your own business, it is wise to know your cost of capital and that of the ... When operating your own business, it is wise to know your cost of capital and that of the ...
Video: What are the Parts of a Plant Cell?

For a complete list of videos, visit our video library