If the marginal cost of producing every quantity decreases, all the following occur EXCEPT
A) minimum supply price does not change.
B) the marginal social benefit of the last unit bought changes.
C) the consumer surplus increases.
D) the efficient quantity increases.

Question

Quizplus · Accepted Answer

The minimum supply price does not change because the marginal cost of producing every quantity decreases, which means that the producer can produce more units at a lower cost. This does not affect the minimum supply price.

If the Marginal Cost of Producing Every Quantity Decreases, All