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-Employees at Bank of America Are Good at Providing Banking

Question 355

Multiple Choice

  -Employees at Bank of America are good at providing banking services and workers at Ben & Jerryʹs are good at making ice cream. The figure above shows the marginal cost and marginal benefit curves for ice cream. Point b represents of banking services and ice cream. A)  allocative and production efficiency in the production B)  allocation efficiency and possibly production efficiency C)  production efficiency and possibly allocative efficiency in the production D)  neither allocative nor production efficiency
-Employees at Bank of America are good at providing banking services and workers at Ben & Jerryʹs are good at making ice cream. The figure above shows the marginal cost and marginal benefit curves for ice cream. Point b represents of banking services and ice cream.


A) allocative and production efficiency in the production
B) allocation efficiency and possibly production efficiency
C) production efficiency and possibly allocative efficiency in the production
D) neither allocative nor production efficiency

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