
-Employees at Bank of America are good at providing banking services and workers at Ben & Jerry's are good at making ice cream. The figure above shows the marginal cost and marginal benefit curves for ice cream. If 3 million gallons of ice cream are produced, marginal cost ________ marginal benefit and ________ produced.
A) exceeds; too much ice cream is
B) is less than; too much ice cream is
C) exceeds; not enough ice cream is
D) is less than; not enough banking services are
Correct Answer:
Verified
Q361: The state of Georgia offers free college
Q362: Q363: A production point beyond the production possibilities Q364: Explain how the production possibilities frontier illustrates Q365: China's State Council has encouraged more spending![]()
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents