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    Principles of Macroeconomics Study Set 5
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    Exam 1: Measuring Macroeconomic Performance: Output and Prices
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    Dividing the Total Benefit of N Units of an Activity
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Dividing the Total Benefit of N Units of an Activity

Question 37

Question 37

Multiple Choice

Dividing the total benefit of N units of an activity by N quantifies the


A) average benefit.
B) marginal benefit.
C) average cost.
D) units per benefit.
E) additional benefit.

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