The Marginal Benefit of an Activity Is I

question 27

Multiple Choice

The marginal benefit of an activity is i. the benefit from a one-unit increase in the activity
Ii. the benefit of a small, unimportant activity.
Iii. measured by what the person is willing to give up to get one additional unit of the activity.

• A)i only
• B)ii only
• C)iii only
• D)i and iii
• E)ii and iii

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Definitions:

Restricted Stock Option Plans

A form of equity compensation where employees are granted the option to purchase company stock at a discounted price with restrictions on sale.

Early Retirement Incentive Plan

A program offered by employers to encourage older employees to retire early, typically providing financial benefits as an incentive.

Payroll Costs

The total expenses incurred by a company to compensate its employees, including wages, salaries, and benefits.

Early Retirement Incentive Programs

Offers that organizations provide to encourage employees to retire earlier than the normal retirement age, often including financial benefits.