Business
Business, 03.10.2019 03:30, Dweath50

Which of the following describes a situation in which every good or service is produced up to the point where the last unit provides a marginal benefit to consumers equal to the marginal cost of producing it?
a) productive efficiency
b) allocative efficiency
c) marginal efficiency
d) profit maximizatio

answer
Answers: 1

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Which of the following describes a situation in which every good or service is produced up to the po...

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