-In the above figure, if 4000 bicycles are produced per month,
A) the marginal cost of production is 2 bottles of soda per bicycle.
B) fewer bicycles should be produced to reach the allocatively efficient level of output.
C) marginal benefit is greater than marginal cost.
D) Both answers A and B are correct.

Question

-In the above figure, if 4000 bicycles are produced per month,
A) the marginal cost of production is 2 bottles of soda per bicycle. 
B) fewer bicycles should be produced to reach the allocatively efficient level of output. 
C) marginal benefit is greater than marginal cost. 
D) Both answers A and B are correct.

Quizplus · Accepted Answer

The Answer of 
-In the above figure, if 4000 bicycles are produced per month,
A) the marginal cost of production is 2 bottles of soda per bicycle. 
B) fewer bicycles should be produced to reach the allocatively efficient level of output. 
C) marginal benefit is greater than marginal cost. 
D) Both answers A and B are correct.

-In the Above Figure, If 4000 Bicycles Are Produced Per