The optimal quantity of a public good is where the total benefits from it are equal to the total costs of producing it. Group of answer choices TRUE FALSE

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27-07-2022
Business

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The optimal quantity of a public good is where the total benefits from it are equal to the total costs of producing it. Group of answer choices TRUE FALSE

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pragyavermav1 pragyavermav1 · Answer 1 · 2022-08-04T13:24:46+02:00

The statement is False. The optimal quantity of a public good is where the total benefits from it are equal to the total costs of producing it.

The most optimal quantity is the exact amount of inventory you should order and maintain on hand to satisfy the call. locating your most excellent order amount for a product is the intention of calculating its EOQ. however, this wide variety may be very hard to achieve as any mild variance in demand, value, or price will throw your numbers off.

Most efficient first-class is the extent of best that maximizes customers' pleasure and optimal quantity. To decide surest first-class, we are able to expand an easy model, the fundamental functions of which might be as follows: (a) clients' delight (application).

The most suitable amount of a public excellent takes place in which the demand (marginal advantage) curve intersects the supply (marginal price) curve. The government uses value-advantage evaluation to determine whether to provide a specific precise.

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