If the Marginal Benefits Are Greater Than the Marginal Cost

question 84

True/False

If the marginal benefits are greater than the marginal cost of an activity, then society should allocate fewer resources to this activity.

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Definitions:

Ethnicity

A category of people who identify with each other based on common ancestral, social, cultural, or national experiences.

Cultural Feature

Characteristics that define a group's shared behaviors, beliefs, practices, and artifacts.

Particular Group

A specific set of individuals identified by certain common characteristics or interests.

Grand Apartheid

A phase of South Africa's apartheid policy focusing on maintaining white dominance and segregating communities by race on a large scale.