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Which Statement Is True

Question 2

Multiple Choice

Which statement is true?


A) The marginal benefit of an activity is the extra cost incurred.
B) The marginal benefit of an activity is the extra benefit enjoyed.
C) The marginal benefit of an activity is the total benefit a person receives from consuming all of the items of that good.
D) All of the above.
E) None of the above.

Correct Answer:

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