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Author Question: The figure above shows the PPF, marginal cost curve, and marginal benefit curve for pizza. In the ... (Read 60 times)

kaid0807

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The figure above shows the PPF, marginal cost curve, and marginal benefit curve for pizza.


In the figure above, when 4,000 pizzas are produced, the marginal benefit of a pizza ________ its marginal cost, which means ________ pizza is being produced.
◦ exceeds; too little
◦ exceeds; too much
◦ is below; too much
◦ is below; too little
◦ equals; the efficient quantity of


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Marked as best answer by kaid0807 on May 24, 2019

Li Jun

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kaid0807

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Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review


ryhom

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

 

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