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If the Marginal Cost of an Activity Exceeds the Marginal

Question 476

Multiple Choice

If the marginal cost of an activity exceeds the marginal benefit, then


A) the activity will occur because the high marginal cost means it must be highly valued.
B) the forgone alternatives' costs must be increased.
C) an alternative action will be selected.
D) the person must concentrate on the activity's total benefits.

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