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If an Individual Is Carrying Out an Activity at the Point

Question 53

Multiple Choice

If an individual is carrying out an activity at the point where marginal benefit exceeds marginal cost by the greatest amount, we know that at that point:


A) marginal benefit is increasing.
B) net benefit exceeds zero by the greatest amount.
C) total benefit exceeds total cost by the greatest amount.
D) net benefit can be increased by increasing the amount of the activity.

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