A community for students.

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing


  • 4 years ago

An economy produces protein shakes. If less than the efficient quantity of protein shakes is produced: A. it is not possible to be producing at a point on the PPF B. marginal cost equals marginal benefit C. marginal benefit exceeds marginal cost D. marginal cost exceeds marginal benefit

  • This Question is Closed
  1. anonymous
    • 4 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    It's not A because the PPF by definition is what the economy is capable of producing. It's not B, because economy will keep producing until MC = MB. Because of diminishing marginal utility, producing an extra unit will decrease the marginal benefit further so it's not D. Therefore it must be C

  2. Not the answer you are looking for?
    Search for more explanations.

    • Attachments:

Ask your own question

Sign Up
Find more explanations on OpenStudy
Privacy Policy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...


  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.