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

Author Question: For resource use to be allocatively efficient, when the marginal benefit of a slice of pizza exceeds ... (Read 145 times)

yoooooman

  • Hero Member
  • *****
  • Posts: 557
on: May 24, 2019
For resource use to be allocatively efficient, when the marginal benefit of a slice of pizza exceeds the marginal cost,
◦ more slices of pizza should be produced.
◦ fewer slices of pizza should be produced.
◦ no more slices of pizza should be produced.
◦ allocative efficiency is reached only if the marginal benefit exceeds the marginal cost by as much as possible.
◦ None of these answers is correct.
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 yoooooman on May 24, 2019

Jayson

  • Sr. Member
  • ****
  • Posts: 350
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 49% of students answer this correctly


yoooooman

  • Member
  • Posts: 557
Reply 2 on: May 24, 2019
Excellent

scottmt

  • Member
  • Posts: 322
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Disorders that may affect pharmacodynamics include genetic mutations, malnutrition, thyrotoxicosis, myasthenia gravis, Parkinson's disease, and certain forms of insulin-resistant diabetes mellitus.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

With a three-way catalytic converter, emission control is most efficient with an air–fuel ratio ... With a three-way catalytic converter, emission control is most efficient with an air–fuel ratio ...
The exhaust gas recirculation system is more efficient at controlling NOx emissions if the exhaust ... The exhaust gas recirculation system is more efficient at controlling NOx emissions if the exhaust ...
Older Adults Benefit from Good Nutrition and Physical Activity Older adults Older Adults Benefit from Good Nutrition and Physical Activity Older adults
Natural Resource Prices, 1850–2010 Natural Resource Prices, 1850–2010
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Blueberry bees (Osmia ribifloris) are efficient pollinators of a variety of plants, including this b Blueberry bees (Osmia ribifloris) are efficient pollinators of a variety of plants, including this b
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library