arks. (3) Part . Seneca uph e values enh sitive learnin violation The minimum profit that must be earned to keep the entrepreneur in that type of bus 11. Resources are efficiently allocated when production occurs at the that point at which: A) Price is equal to marginal revenue (MR) B) Price is equal to marginal cost (MC) C) Price is equal to average revenue (AR) D) Marginal product (MP) is equal to average product (AP)