IF THE MARGINAL BENEFITS ARE GREATER THAN THE MARGINAL COST OF AN...

140. - TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE 140. - TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE
TEST BANK FOR ESSENTIALS OF ECONOMICS 3RD EDITION BY BRUE
140.If the marginal benefits are greater than the marginal cost of an activity, then society is overallocating resources to this activity.True→ False AACSB: AnalyticBlooms: RememberDifficulty: 2 MediumLearning Objective: 01-04 List the categories of scarce resources and delineate the nature of the economizing problem.True / False Question Topic: Production possibilities model