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Author Question: If the marginal benefit of a hot dog is greater than its marginal cost, then to increase efficiency, (Read 139 times)

Chelseaamend

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on: May 24, 2019
If the marginal benefit of a hot dog is greater than its marginal cost, then to increase efficiency,
◦ more hot dogs should be produced.
◦ fewer hot dogs should be produced.
◦ nothing should be done if the marginal benefit is greater than the marginal cost by the maximum amount because in this case the efficient quantity of hot dogs is being produced.
◦ production should be halted.
◦ More information is needed about the price of a hot dog in order to determine if production should be increased, decreased, or not changed.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Chelseaamend on May 24, 2019

mcabuhat

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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.
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Chelseaamend

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Reply #2 on: May 24, 2019
Thank you!


mcabuhat

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Reply #3 on: May 24, 2019
Always glad to help...


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