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According to the Profit-Maximizing Principle of Marginal Analysis,if the Marginal

Question 152

Multiple Choice

According to the profit-maximizing principle of marginal analysis,if the marginal benefit is _____ the marginal cost,_____.


A) more than;an activity should be increased
B) less than;an activity should be reduced
C) equal to;an activity should be reduced
D) more than;net benefit is maximized

Correct Answer:

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