The optimal number of units to produce is best expressed when:
A)marginal benefit exceeds marginal cost
B)marginal cost exceeds marginal benefit
C)marginal benefit and marginal cost are close to equal
D)both a and c

Question

The optimal number of units to produce is best expressed when:
A)​marginal benefit exceeds marginal cost 
B)​marginal cost exceeds marginal benefit 
C)​marginal benefit and marginal cost are close to equal 
D)​both a and c

Quizplus · Accepted Answer

The optimal number of units to produce is when marginal benefit equals marginal cost, as this is the point where profit is maximized.

The Optimal Number of Units to Produce Is Best Expressed