Question 8 and 9

QUESTION 8 In order to maximize net benefits, such as to maximize profits, the managerial control variable should be used up to the point where: average costs equal marginal benefits total costs equal total benefits OOOO average benefits equal marginal costs. net marginal benefits equal zero QUESTION 9 In the Wealth of Nations, Adam Smith argues that: O self-interest leads to the efficient allocation of resources. benevolence leads to the efficient allocation of resources OOO profits are maximized where marginal revenue equals net marginal benefits None of the statements associated with this question are correct