Answer
(a) MB >MC
(b)MC > MB
(c) MC = MB
(d)MC < MB
(e)MB < MC
Work Step by Step
(a)MB > MC= Hence produce more .
(b) MC > MB, Hence produce less .
(c) MC = MB, current quantity is optimum.
(d)MC < MB, produce more.
(e)MB < MC, produce less .
Macroeconomics: Principles, Problems, & Policies 20th Edition
by McConnell, Campbell; Brue, Stanley; Flynn, Sean
Published by
McGraw-Hill Education
ISBN 10:
0-07766-077-3
ISBN 13:
978-0-07766-077-2
Chapter 1 - Limits, Alternatives and Choices - Review Questions - Page 22: 5
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