What Is the Definition of Marginal Benefit

question 61

Multiple Choice

What is the definition of marginal benefit?

• A)the cost of an increase in an activity
• B)the sum of benefit and cost that arises from an increase in an activity
• C)the cost of a decrease in an activity
• D)the benefit that arises from an increase in an activity
• E)the benefit that arises from a decrease in an activity

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Definitions:

Legal Standards

Established principles and criteria in law that guide judicial rulings and the enforcement of laws.

Army Alpha

Test that measured the verbal ability, numerical ability, ability to follow directions, and knowledge of information of military recruits.

Army Beta

Nonverbal counterpart to the Army Alpha that was used to evaluate the aptitude of illiterate, unschooled, or non-English-speaking recruits.

Yerkes

Refers to Robert M. Yerkes, an American psychologist known for his work in intelligence testing and comparative psychology.