-The figure above shows the marginal benefit and marginal cost curves for pizza. In the figure, what is the efficient quantity of pizza?
A) 20,000 pizzas
B) 30,000 pizzas
C) 0 pizzas
D) 10,000 pizzas
E) The efficient quantity cannot be determined without more information.

Question

-The figure above shows the marginal benefit and marginal cost curves for pizza. In the figure, what is the efficient quantity of pizza?
A) 20,000 pizzas 
B) 30,000 pizzas 
C) 0 pizzas 
D) 10,000 pizzas 
E) The efficient quantity cannot be determined without more information.

Quizplus · Accepted Answer

The efficient quantity of pizza is where the marginal benefit curve intersects the marginal cost curve, which is at 20,000 pizzas.

-The Figure Above Shows the Marginal Benefit and Marginal Cost