In the attached figure, if 2 million computers are produced per year, then: a. The marginal cost of one computer exceeds the marginal benefit of one computer, so more computers must be produced. b. The marginal cost of a computer exceeds the marginal benefit of a computer, so fewer computers must be produced. c. The marginal benefit of a computer exceeds the marginal cost of a computer, so more computers must be produced. d. The marginal benefit of a computer exceeds the marginal benefit of a computer, so fewer computers must be produced. FOR EACH ALTERNATIVE, PLEASE EXPLAIN WHY IS TRUE, FALSE OR UNCERTAIN.

Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter22: Inflation
Section: Chapter Questions
Problem 18RQ: What is deflation?
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In the attached figure, if 2 million computers are produced per year, then:
a. The marginal cost of one computer exceeds the marginal benefit of one computer, so more computers must be produced.
b. The marginal cost of a computer exceeds the marginal benefit of a computer, so fewer computers must be produced.
c. The marginal benefit of a computer exceeds the marginal cost of a computer, so more computers must be produced.
d. The marginal benefit of a computer exceeds the marginal benefit of a computer, so fewer computers must be produced.
FOR EACH ALTERNATIVE, PLEASE EXPLAIN WHY IS TRUE, FALSE OR UNCERTAIN.

Cmg
2
Bmg
1
3
Millones de
computadores/año
%24
2.
3.
%24
Transcribed Image Text:Cmg 2 Bmg 1 3 Millones de computadores/año %24 2. 3. %24
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