Multiple Choice
A student is trying to decide whether to study for the upcoming exam or play video games.The optimal amount of time spent studying is:
A) where the total benefit of studying is equal to the total cost of studying.
B) where the marginal benefit of studying is equal to the total cost of studying.
C) where the marginal benefit of studying equals the marginal cost of studying.
D) where the total benefit of studying equals the total cost of studying.
Correct Answer:
Verified
Correct Answer:
Verified
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