Multiple Choice
Use the following to answer question(s) : Marginal Benefits and Marginal Costs
-(Exhibit: Marginal Benefits and Marginal Costs) The marginal benefit of studying economics when the student is at 4 hours is _______ points and the marginal cost is ________ points.
A) 30; 30
B) 20; 10
C) 20; 20
D) 30; 10
Correct Answer:

Verified
Correct Answer:
Verified
Q106: An _ results from any action that
Q107: Use the following to answer question(s): Markets
Q108: To say that individuals maximize is illustrated
Q109: Economists assume that consumers attempt to maximize
Q110: An example of a public good is:<br>A)
Q112: The market will respond _ to the
Q113: Private firms would be unlikely to attempt
Q114: Market efficiency requires exclusive, but not transferable,
Q115: According to the marginal decision rule, if
Q116: Discuss and explain the role of property