For market efficiency, MSC must be equated to MSB.

A. True
B. False
C. Uncertain

A. True

Economics

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One of the key economic questions is "where should products be produced?"

Indicate whether the statement is true or false

Economics

When a firm hired its tenth worker, its factory output increased by four units per month. Would you expect the firm's output to increase by eight more units per month if the firm hired two more workers?

What will be an ideal response?

Economics