Question
When2,000sandwiches per day areproduced, the marginal benefit is$1.50and the marginal cost is$1.00.And when7,500sandwiches per day areproduced,the marginal benefit is$1.00 and the marginal cost is$1.50.The efficient
When2,000sandwiches per day areproduced, the marginal benefit is$1.50and the marginal cost is$1.00.And when7,500sandwiches per day areproduced,the marginal benefit is$1.00 and the marginal cost is$1.50.The efficient production quantity of sandwiches is_______a day.
a. between 2000 and 7500
b. over 7500
c. 2000
d. 7500
e. under 2000
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The Macro Economy Today
Authors: Bradley R. Schiller, Karen Gebhardt
14th edition
1259291820, 978-1259291821
