Net benefit is the:
A) total satisfaction from consuming a given amount of a good or service.
B) difference between the benefit and cost per unit of a good or service consumed.
C) difference between the total benefit and total cost from consuming a given amount of a good or service.
D) difference between the marginal benefit and marginal cost of the last unit of a good or service consumed.
Correct Answer:
Verified
Q37: Q38: Q39: Q40: The marginal cost to an individual of Q41: Net benefit is that which results when: Q43: Net benefit is equal to: Q44: An individual will maximize his or her Q45: One maximizes the net benefit from an Q46: Which of the following does NOT occur Q47: To maximize the net benefit from an Unlock this Answer For Free Now! View this answer and more for free by performing one of the following actions Scan the QR code to install the App and get 2 free unlocks Unlock quizzes for free by uploading documents
A)
A) total benefit