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Author Question: The question of whether economic growth is desirable is a positive question, easily settled by ... (Read 123 times)

joblessjake

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on: Jun 29, 2018
The question of whether economic growth is desirable is a positive question, easily settled by economic analysis.
 
  Indicate whether the statement is true or false

Question 2

If, in a competitive market, marginal benefit is greater than marginal cost
 
  A) the quantity sold is less than the equilibrium quantity.
  B) the net benefit to consumers from participating in the market is greater than the net benefit to producers.
  C) the government must force producers to lower price in order to achieve economic efficiency.
  D) the quantity sold is greater than the equilibrium quantity.


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debra928

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Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

A


joblessjake

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Reply #2 on: Jun 29, 2018
Thank you :)


debra928

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Reply #3 on: Jun 29, 2018
Happy to help you


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