Net Benefit Can Be Maximized by Equating

question 144

Multiple Choice

Net benefit can be maximized by equating:

• A) total benefit to total cost.
• B) marginal benefit to marginal cost.
• C) marginal benefit to total cost.
• D) total benefit to marginal cost.

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Definitions:

Carotid

Referring to the main arteries in the neck that supply blood to the head and brain.

Radial

Relating to or situated near the radius or forearm; or extending in a direction outward from a common center.

Brachial

Relating to the arm, specifically the upper arm from the shoulder to the elbow.

Calibrating

The process of adjusting and setting the accuracy of a measuring instrument to ensure it meets its specified and intended use.