Use the following graph of the market for milk to answer the question below.
If 30 million gallons of milk are being produced, then we know marginal benefit
A. is less than marginal cost.
B. and marginal cost do not depend on the quantity.
C. is greater than marginal cost.
D. equals marginal cost.
Answer: A
Economics
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Indicate whether the statement is true or false
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Refer to Table 2-5. If the two countries specialize and trade, who should export lumber?
A) They should both be exporting lumber. B) Finland C) There is no basis for trade between the two countries. D) Estonia
Economics