The optimal allocation of resources is found
A)where MB = MC.
B)at every point along a production possibilities curve.
C)where the marginal benefit is at its greatest.
D)where the marginal cost is at its lowest.

Question

Quizplus · Accepted Answer

The optimal allocation of resources occurs where marginal benefit (MB) equals marginal cost (MC), as this is the point where resources are used most efficiently to maximize net benefits.

The Optimal Allocation of Resources Is Found