If the MB of an activity exceeds the MC, the activity should be increased.

Name: If the MB of an activity exceeds the MC, the activity should be increased.
Brand: Quizplus
Rating: 4.7 (41 reviews)

Question

Quizplus · Accepted Answer

If the Marginal Benefit (MB) of an activity exceeds the Marginal Cost (MC), it indicates that the additional benefits from increasing the activity outweigh the additional costs, suggesting that the activity should be increased to maximize net benefits.

If the MB of an Activity Exceeds the MC, the Activity