Multiple Choice
Recall Application 2, "Why Not Walk Up an Escalator?," to answer the following questions
-According to the application, an individual would walk up the stairs to listen to a music being played if:
A) the marginal benefit exceeds the marginal cost of walking up the stairs.
B) the total benefit of walking up the stairs exceeds zero.
C) the marginal cost exceeds the marginal benefit of walking up the stairs.
D) the marginal benefit of walking up the stairs exceeds zero.
Correct Answer:
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