According to the Marginal Decision Rule, If the Marginal Benefit

question 119

Essay

According to the marginal decision rule, if the marginal benefit is:
A.more than marginal cost, an activity should be reduced.
B.less than marginal cost, an activity should be reduced.
C.equal to marginal cost, an activity should be reduced.
D.more than marginal cost, net benefit is maximized.

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Definitions:

Allergy

An immune system reaction to certain substances, resulting in symptoms like sneezing, itching, and difficulty breathing.

Itchy Eyes

A discomforting sensation around the eyes prompting a desire to rub, often caused by allergies, eye strain, or infections.

Common Cold

A viral respiratory infection causing symptoms like runny nose, sore throat, cough, and sneezing.

Influenza

A highly contagious viral infection of the respiratory passages causing fever, severe aching, and often occurring in epidemics.