Net Benefits are maximized when:
A.) marginal benefits equal marginal costs
B.) the slopes of the total benefits curve and total cost curve are equal.
C.) All the above.
D.) None of the above.
Answer:C
Net Benefits are maximized when:
A.) marginal benefits equal marginal costs B.) the slopes of the total benefits curve and total cost curve are equal. C.) All the above. D.) None of the above.