Microeconomics: Principles, Problems, & Policies, 20th Edition

Published by McGraw-Hill Education
ISBN 10: 0077660811
ISBN 13: 978-0-07766-081-9

Chapter 1 - Limits, Alternatives, and Choices - Review Questions - Page 22: 5

Answer

a. more b. fewer c. current number d. more e. less

Work Step by Step

In general, more should be produced when the marginal benefit is greater than the marginal cost. Less when marginal cost is greater. And the same number when the cost and the benefit are equal.
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