By Some Estimates, __________ Percent of Beaches in the United

question 94

Multiple Choice

By some estimates, __________ percent of beaches in the United States are losing sand faster than they are gaining it.

• A)50
• B)70
• C)80
• D)90

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Definitions:

Marginal Costs

The increase in total cost that arises from producing one additional unit of a good or service.

Marginal Benefits

The additional satisfaction or utility a consumer receives from consuming one more unit of a good or service.

Net Benefit

The total benefits of a decision or action minus the total costs associated with that decision or action.

Marginal Cost

The expense associated with manufacturing an extra unit of a product.