If there is overproduction in a competitive market, ________.
A) the marginal benefit to society exceeds the marginal cost
B) there will be no deadweight loss
C) the marginal cost to society exceeds the marginal benefit
D) the market is producing the efficient quantity
C) the marginal cost to society exceeds the marginal benefit
You might also like to view...
Ju/'hoansi healers possess the powerful healing force called n/um, which generally remains dormant in a healer until an effort is made to activate. Among the ways to activate n/um are all of the following except:
a. solo singing. b. trance dance. c. use of hallucinogens. d. instrument playing. e. medicinal curing ceremony.
The principal technology used for obtaining plant foods by tropical foragers is the __________
A. boomerang B. blowgun and darts C. polished stone axe D. digging stick
The oldest cave and rock art is found in Europe and very little art has been found outside of Europe
Indicate whether the statement is true or false
All of the following statements about Haitian Vodou are correct except:
a. it emerged in Haiti following independence. b. it is a creative blending of indigenous and foreign beliefs and practices.it is spreading today more widely. c. it is spreading today more widely. d. practitioners believe in spirit possession. e. believers do not adhere to beliefs of any other religious tradition.