If an activity is worth pursuing at all,then the only information the decision maker needs to make a choice is
A) total benefits.
B) marginal benefits and marginal costs.
C) variable costs.
D) fixed costs.

Question

Quizplus · Accepted Answer

In order to make an informed decision, the decision maker needs to consider both the additional benefits and costs of choosing to pursue the activity (i.e. marginal benefits and marginal costs). Simply considering the total benefits or only the variable/fixed costs may lead to an incomplete or incorrect decision.

If an Activity Is Worth Pursuing at All,then the Only