According to the Marginal Decision Rule, If the Marginal Benefit

question 57

Essay

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

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Definitions:

Methanesulfonic Acid

A strong organic acid featuring a sulfonic acid group attached directly to a methane molecule, known for its good water solubility and use in organic reactions.

Acidic

Having properties of an acid, or a pH less than 7, capable of donating a proton (H+) to another compound.

Increasing Basicity

Describes the trend or sequence in which the ability of a substance to act as a base increases.

Increasing

Becoming larger or greater in size, number, value, or amount.