At any quantity,when the marginal benefit equals the marginal cost,that quantity is said to be
A) excessive.
B) inadequate.
C) optimal.
D) equivalent.
E) allocated.

Question

Quizplus · Accepted Answer

When the marginal benefit equals the marginal cost, the benefit gained from producing or consuming an additional unit of a good or service is equal to the cost of producing or consuming that additional unit. This means that any other quantity produced or consumed would result in either a lesser benefit or a higher cost, making the current quantity optimal. Therefore, the answer is C - optimal.

At Any Quantity,when the Marginal Benefit Equals the Marginal Cost,that