单选题 Which of the following relationships most accurately describes the inefficiency resulting from government imposed production quotas?
  • A. Marginal benefit exceeds marginal cost leading to underproduction.
  • B. Marginal benefit exceeds marginal cost leading to overproduction.
  • C. Marginal cost exceeds marginal benefit leading to overproduction.
【正确答案】 A
【答案解析】Government imposed quotas restrict production to a level below that which would occur if marginal benefit equals marginal cost. This restricted output quantity is less than the equilibrium quantity, so marginal benefit exceeds marginal cost.