-Refer to the figure above. If 80 units of sunglasses are produced, the marginal benefit to society is than ________the marginal cost and sunglasses are _________ .

Question

Quizplus · Accepted Answer

At 80 units of sunglasses, the marginal cost to society exceeds the marginal benefit, indicating that resources are being used inefficiently to produce more sunglasses than is socially optimal, leading to overproduction.

-Refer to the Figure Above