To maximize net benefits in the table, it is most appropriate to use:Control variableTotal BenefitsTotal CostsNet BenefitsMarginal BenefitMarginal CostMarginal Net BenefitQB(Q)C(Q)N(Q)MB(Q)MC(Q)MNB(Q)0000---190010080090010080021,700300C80020060032,4006001,800700E4004A1,0002,00060040020053,5001,5002,000500500F63,9002,1001,800D600-20074,2002,8001,400300700-40084,400B800200800-60094,5004,5000100900-800104,5005,500-1,00001,000-1,000
A. five units of the control variable, since net marginal benefits are zero.
B. four units of the control variable, since the marginal benefit exceeds marginal cost.
C. six units of the control variable, since the marginal cost exceeds marginal benefit.
D. None of the statements associated with this question are correct.
Answer: A
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What will be an ideal response?
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a. structural unemployment created by efficiency wages. b. structural unemployment created by sectoral shifts. c. frictional unemployment created by efficiency wages. d. frictional unemployment created by sectoral shifts.
Which of the following is prerequisite of successful market economies?
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