Multiple Choice
The total benefit of an activity minus its total cost is:
A) net benefit.
B) marginal benefit.
C) marginal cost.
D) utility.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q16: Utility is the:<br>A)difference between a firm's total
Q221: Discuss and explain marginal cost, marginal benefit,
Q222: Maximizing choices must be made within parameters
Q223: An example of a public good is:<br>A)
Q224: In the context of public goods and
Q226: Regardless of whether they pay for them,
Q227: There is/are _ that economists can apply
Q228: A resource for which no exclusive property
Q229: Market failure occurs when:<br>A) markets are competitive.<br>B)
Q230: An example of a resource for which