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According to the Marginal Decision Rule, If the Marginal Benefit

Question 119

Essay

According to the marginal decision rule, if the marginal benefit is:
A.more than marginal cost, an activity should be reduced.
B.less than marginal cost, an activity should be reduced.
C.equal to marginal cost, an activity should be reduced.
D.more than marginal cost, net benefit is maximized.

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less than marginal c...

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