Multiple Choice
Use the following to answer question(s) : Marginal Benefits and Marginal Costs
-(Exhibit: Marginal Benefits and Marginal Costs) In the exhibit, more time spent studying economics adds points to economics scores but subtracts points from accounting scores.The marginal benefit of studying economics when the student is at 2 hours is _______ points and the marginal cost is _______ points.
A) 40; 0
B) 30; 10
C) 20; 20
D) 10; 30
Correct Answer:

Verified
Correct Answer:
Verified
Q176: Use the following to answer question(s): Net
Q177: The costs economists use in the concept
Q178: Economic theory suggests that market failure is
Q179: A good for which exclusion cannot be
Q180: Use the following to answer question(s): Marginal
Q182: The best example of a common property
Q183: According to the Case in Point on
Q184: Use the following to answer question(s): Surplus
Q185: Economists assume that firms seek to maximize:<br>A)
Q186: When price signals reflect _ benefits and