[Solved] If the Price of a Product Is Less Than Its

Question 80
Multiple Choice
arrowQuestion 80arrow

If the price of a product is less than its marginal social costs,then:

A)Society would prefer more of this product being produced.
B)Society would prefer less of this product being produced.
C)External costs must be zero.
D)Short-run average costs must be at minimum.


10+ million students use Quizplus to study and prepare for their homework, quizzes and exams through 20m+ questions in 300k quizzes.


Explore our library and get Economics Homework Help with various study sets and a huge amount of quizzes and questions

Related Questions

Get Free Access Now!

Get free access by uploading any valuable academic documents


Invite your friends by sharing your unique referral link, and get a free access

Invite a friendInvite a friendInvite a friend
Join Us
Join Us

Sign up to get 5 free question for every quiz you visit. Or Subscribe and get instant access