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 million baseballs, expected marginal benefits are equal to expected marginal costs, EMBEMC
EMB
EMC
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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