The Optimal Level of Any Activity Is That Level for Which

question 16

Multiple Choice

The optimal level of any activity is that level for which

• A) total benefit exceeds total cost by the greatest amount.
• B) marginal benefit exceeds marginal cost by the greatest possible amount.
• C) both a and b
• D) none of the above

---

Definitions:

Advertising Pop-Ups

Online advertisements that appear in a new window on top of website content, often interrupting the viewer's experience.

Early Adopter

A person who embraces new products, technologies, or innovations before most other people, often helping to spread word-of-mouth and increase the product's popularity.

Specialty Magazines

Publications that focus on specific interests, industries, or niches, providing targeted content for a specialized audience.

Laggard

refers to individuals or entities that are slow to adopt new technologies, innovations, or ideas, often due to resistance to change or preference for tradition.