If the marginal social benefit of smoke detectors exceeds its marginal social cost, then additional net gains are possible from an increased annual smoke detector production.

Question

Quizplus · Accepted Answer

If the marginal social benefit exceeds the marginal social cost, it indicates that the benefits to society from producing more smoke detectors outweigh the costs, suggesting that increasing production would lead to net gains.

If the Marginal Social Benefit of Smoke Detectors Exceeds Its