Business, 29.07.2019 22:00, leeenaaa95

Efficiency in a market occurs when the production of the good is such that the marginal cost stops increasing. marginal benefit equals marginal cost. marginal benefit exceeds marginal cost by the maximum amount possible. marginal benefit is lower than marginal cost. marginal benefit exceeds marginal cost.

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Efficiency in a market occurs when the production of the good is such that the marginal cost stops i...