If production is not at an efficient level, which of the following must be true?
A)Marginal social benefit exceeds marginal social cost.
B)Marginal social cost exceeds marginal social benefit.
C)Production will increase.
D)Production will decrease.
E)none of the above

Question

Quizplus · Accepted Answer

If production is not at an efficient level, it means that resources are not being used in the most effective way, but it does not necessarily mean that any of the specific conditions (A, B, C, or D) must be true.

If Production Is Not at an Efficient Level, Which of the Following