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Use the following to answer question:
-(Figure: Marginal Benefits and Marginal Costs) Use Figure: Marginal Benefits and Marginal Costs.More time spent studying economics adds points to economics scores (MB) but subtracts points from accounting scores (MC) .The marginal benefit of studying economics for 4 hours is _____ points,and the marginal cost is _____ points.
Nonpreferences
Choices or options that are less desirable or not preferred by an individual or group when making decisions.
Individual Development
The continuous process of personality, skill, and capacity enhancement over one's lifespan.
Heuristics
Mental shortcuts or rules of thumb that simplify decision making, often used in problem-solving and judgment.
Mental Activity
The cognitive process of thinking, reasoning, and processing information.
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