question archive Which statement(s) is/are correct :* (2 points) Marginal Benefit increases as production increases Marginal private cost decreases as Marginal increases Marginal private cost equal Marginal social cost when production equal Zero Marginal social cost decreases as production decreases O A+B+C+D
Which statement(s) is/are correct :* (2 points) Marginal Benefit increases as production increases Marginal private cost decreases as Marginal increases Marginal private cost equal Marginal social cost when production equal Zero Marginal social cost decreases as production decreases O A+B+C+D
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Which statement(s) is/are correct :* (2 points) Marginal Benefit increases as production increases Marginal private cost decreases as Marginal increases Marginal private cost equal Marginal social cost when production equal Zero Marginal social cost decreases as production decreases O A+B+C+D
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Marginal social cost is increase of cost caused by production of one more additional unit of the goods so, the marginal private cost will be equal into the marginal social cost when the production will be equal to zero.
All the other statements are false.
Correct answer is option (C) marginal private cost equal marginal social cost when production = 0.
