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Author Question: The figure above shows the t-shirt market. The t-shirt market is efficient at a quantity of ________ ... (Read 181 times)

corkyiscool3328

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on: May 24, 2019



The figure above shows the t-shirt market.  The t-shirt market is efficient at a quantity of ________ t-shirt(s) because this is the quantity where the ________.
◦ 30,000; marginal cost equals the marginal benefit
◦ 30,000; total surplus is maximized
◦ 1; difference between the supply and demand curves is greatest
◦ 1; the price is the highest
◦ both 30,000; marginal cost equals the marginal benefit and 30,000; total surplus is maximized are correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by corkyiscool3328 on May 24, 2019

yahahah24021

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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.
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corkyiscool3328

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

scottmt

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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