When marginal revenue equals marginal cost, the firm just "breaks even."

Actions on the part of monetary and fiscal policy makers that are undertaken in response to some change in the overall economy are known as

A) creative policy making. B) passive policy making. C) active policy making. D) nondiscretionary policy making.

When deciding whether or not to provide a public good, a government's policy should be to provide the good where society's marginal benefit is smaller than the marginal cost of the good

a. True b. False Indicate whether the statement is true or false