At the 30th Unit of Action, the Marginal Benefit Is

question 49

Multiple Choice

At the 30th unit of action, the marginal benefit is equal to $50 and the marginal cost is equal to $40. Which of the following is true?

• A)The 30th unit of action should not be undertaken.
• B)The 30th unit of action minimizes total costs.
• C)The 30th unit of action should be undertaken.
• D)The 30th unit of action maximizes total gains (total profits).

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