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 79 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?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Bike in Tree Bike in Tree
C'mon New Bike - Bart Simpson GIF C'mon New Bike - Bart Simpson GIF
Skin color is a polygenic trait controlled by three or four genes, producing a wide range of phenoty Skin color is a polygenic trait controlled by three or four genes, producing a wide range of phenoty
A company that makes cell phones has the following cost structure. They have fixed costs of ... A company that makes cell phones has the following cost structure. They have fixed costs of ...
Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra. Greater Long-nosed Tree Shrew (Tupaia tana), Borneo and Sumatra.
Video: Major Elements in Biological Molecules: Carbohydrates

For a complete list of videos, visit our video library