Complete the following sentence. Marginal cost Select one: A. remains constant. B. is the opportunity cost of producing one more unit of a good or service. C. is unrelated to the production possibilities frontier. D. is always greater then marginal benefit. E. always equals marginal benefit.
Complete the following sentence. Marginal cost Select one: A. remains constant. B. is the opportunity cost of producing one more unit of a good or service. C. is unrelated to the production possibilities frontier. D. is always greater then marginal benefit. E. always equals marginal benefit.
Chapter2: Productions Possibilities, Opportunity Costs, And Economic Growth
Section: Chapter Questions
Problem 3SQ
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![Complete the following sentence. Marginal cost
Select one:
A. remains constant.
B. is the opportunity cost of producing one more unit of a good or service.
C. is unrelated to the production possibilities frontier.
D. is always greater then marginal benefit.
E. always equals marginal benefit.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F420180a5-bb20-4eab-a599-3d23b929787a%2Fc08900e7-dc31-4de1-a90d-d1352acdc1d4%2Fxp7ahr9_processed.png&w=3840&q=75)
Transcribed Image Text:Complete the following sentence. Marginal cost
Select one:
A. remains constant.
B. is the opportunity cost of producing one more unit of a good or service.
C. is unrelated to the production possibilities frontier.
D. is always greater then marginal benefit.
E. always equals marginal benefit.
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