Answer
C
Work Step by Step
If you look at a marginal cost and benefit chart you see that at a quantity larger the equilibrium, the marginal cost is greater than the marginal benefit (the buyer's willingness to pay).
Principles of Economics, 7th Edition
by Mankiw, N. Gregory
Published by
South-Western College
ISBN 10:
128516587X
ISBN 13:
978-1-28516-587-5
Chapter 7 - Part III - Consumers, Producers, and the Efficiency of Markets - Quick Check Multiple Choice - Page 152: 6
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