The Additional Benefit of Increasing Some Activity by One-Unit Is

question 211

Multiple Choice

The additional benefit of increasing some activity by one-unit is called the

• A) marginal benefit.
• B) opportunity cost.
• C) total benefit.
• D) scarcity.
• E) unit cost/benefit.

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Definitions:

Cognition

The mental action or process of acquiring knowledge and understanding through thought, experience, and the senses.

Gardner's Multiple Intelligences

Gardner's Multiple Intelligences theory proposes that intelligence is not a single general ability, but rather is composed of various distinct types of cognitive capabilities.

Tacit

Understood or implied without being stated openly; known intuitively or through unspoken context.

Cross-Cultural Study

A research method that involves comparing cultures or different cultural groups, to understand universal and specific behaviors or social phenomena.