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Match the Items Below by Entering the Appropriate Code Letter

question 14

Essay

Match the items below by entering the appropriate code letter in the space provided. 11eb1392_1c37_96ec_8021_99bf91b8df8f


Definitions:

Marginal Benefits

The additional benefits received from consuming or producing one more unit of a good or service.

Marginal Costs

The additional cost incurred in the production of one additional unit of a good or service.

Economic Decisions

The choices made by individuals, firms, or governments regarding the allocation of resources to satisfy needs and desires.

Corporate Owners

Individuals or entities that legally own shares of stock in a corporation, thus holding ownership interests in the company.

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