If the marginal benefit received from a good is less than the marginal opportunity cost of production, then: society's well-being cannot be improved by changing production. society's well-being cannot be improved by changing production. society's well-being can be improved if production increases. society's well-being can be improved if production increases. the market is producing too little of the good. the market is producing too little of the good. society's well-being can be improved if production decreases.

What is the relationship between credit and debt?

Banana computers has decided to procure processing chips required for its laptops from external suppliers instead of manufacturing them in their own facilities. how will this decision affect the firm? a. the firm will be protected against the principal-agent problem. b. the firm's administrative costs will be low because of necessary bureaucracy. c. the firm will have more flexibility in purchasing and comparing prices of goods and services. d. the firm will have high-powered incentives, such as hourly wages and salaries.

Organizations typically rely on schedules, such as hourly wages and annual reviews and raises.