Question: The following graph input tool shows the marginal benefit ( MB ) ( MB ) and marginal cost ( MC ) ( MC ) curves

The following graph input tool shows the marginal benefit (MB)
(MB)
and marginal cost (MC)
(MC)
curves for baseballs in an economy. At 20 million baseballs, expected marginal benefits are equal to expected marginal costs, E(MB)=E(MC)
E(MB)
=
E(MC)
.
Use the graph input tool to answer the questions that follow. You will not be scored on any adjustments made to the graph input tool.

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