Solved

The Marginal Benefit Is the

Question 107

Multiple Choice

The marginal benefit is the


A) additional gain from one more unit of an activity.
B) additional cost from one more unit of an activity.
C) loss of the highest-valued alternative.
D) additional gain from one more unit of an activity minus the additional cost from one more unit of the activity.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q102: When y changes, x stays the same.

Q103: Which of the following is NOT a

Q104: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The slope of

Q105: The statement "An increase in the price

Q106: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The figure above

Q108: Which of the following is a normative

Q109: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above

Q110: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above

Q111: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the above

Q112: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -The above table