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

Author Question: When the marginal cost of producing a bike is greater than the marginal benefit of the bike, for ... (Read 93 times)

craiczarry

  • Hero Member
  • *****
  • Posts: 527
on: May 24, 2019
When the marginal cost of producing a bike is greater than the marginal benefit of the bike, for resource use to be allocatively efficient,
◦ more bikes should be produced.
◦ fewer bikes should be produced.
◦ no more and no fewer bikes should be produced.
◦ it must be determined if the production of bikes can be increased.
◦ people must be educated to demand more bikes.
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 craiczarry on May 24, 2019

ecabral0

  • Sr. Member
  • ****
  • Posts: 310
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 39% of students answer this correctly


craiczarry

  • Hero Member
  • *****
  • Posts: 527
Reply #2 on: May 24, 2019
Excellent


ecabral0

  • Sr. Member
  • ****
  • Posts: 310
Reply #3 on: May 24, 2019
Great! Please up vote :D


« previous next »
 

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

Did you know?

IgA antibodies protect body surfaces exposed to outside foreign substances. IgG antibodies are found in all body fluids. IgM antibodies are the first type of antibody made in response to an infection. IgE antibody levels are often high in people with allergies. IgD antibodies are found in tissues lining the abdomen and chest.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Greater Swiss Mountain Dog Greater Swiss Mountain Dog
The Increasing Cost of Health Care, 1960–2010 The Increasing Cost of Health Care, 1960–2010
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 ...
Producing cDNA from mRNA Producing cDNA from mRNA
A basic strategy for producing a knockout mouse A basic strategy for producing a knockout mouse
Video: Studying the Left and Right Brain Independently

For a complete list of videos, visit our video library