-Refer to Figure 9-9. What is the economically efficient output level?
A) 600 units
B) 800 units
C) 940 units
D) 1160 units

Name: -Refer to Figure 9-9. What is the economically efficient output level? A) 600 units B) 800 units C) 940 units D) 1160 units
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Question

-Refer to Figure 9-9. What is the economically efficient output level?
A) 600 units 
B) 800 units 
C) 940 units 
D) 1160 units

Quizplus · Accepted Answer

The economically efficient output level is where marginal cost (MC) equals marginal benefit (MB). In Figure 9-9, this occurs at an output level of 940 units.