If someone produced too much of a good, this would suggest that:
A. rational choice cannot be applied to many economic decisions.
B. the good was produced past the point where its marginal cost exceeded its marginal benefit.
C. certain goods and services such as education and health care are inherently desirable and
should be produced regardless of costs and benefits.
D. the good was produced to the point where its marginal benefit exceeded its marginal cost.
Answer: B
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a. True b. False
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