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Question
With marginal cost pricing,
A) marginal benefits are usually less than marginal cost.
B) all opportunity costs will be covered in the short run.
C) the price charged is equal to the opportunity cost to society of producing one more unit of the good.
D) there cannot be any short-run economic profit.
Answer
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Related questions
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The United Statesʹ balance of payments is likely to improve whenA) there is an increase in political instability in other countries.B) the inflation rate in the United States rises relative to other countries.C) the American government increases its spending on foreign aid. D) American people want to invest more in foreign countries.