When all prices are set equal to marginal costs,
a. consumers buy more than they should.
b. consumers will get less utility.
c. markets are giving correct signals to consumers.
d. producers make excessive profits.
c
Economics
You might also like to view...
Do deficits lead to inflation?
What will be an ideal response?
Economics
During times of financial crisis, mark-to-market accounting
A) requires that a financial firms' assets be marked down in value which can worsen the lending crisis. B) leads to an increase in the financial firms' balance sheets since they can now get assets at bargain prices. C) leads to an increase in financial firms' lending. D) results in financial firms' assets increasing in value.
Economics