As long as the marginal benefit from a good is greater than its marginal cost, an economy is operating efficiently.

Name: As long as the marginal benefit from a good is greater than its marginal cost, an economy is operating efficiently.
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Quizplus · Accepted Answer

Efficiency in an economy is typically achieved when the marginal benefit equals the marginal cost, not when the marginal benefit is greater than the marginal cost.

As Long as the Marginal Benefit from a Good Is