________ Involves Undertaking an Activity Until Its Marginal Benefits Equal

question 129

Multiple Choice

________ involves undertaking an activity until its marginal benefits equal marginal costs.

• A)Scarcity reduction
• B)Central planning
• C)Marginal analysis
• D)Market intervention

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Definitions:

Passiveness

Exhibiting or characterized by submission or lack of participation; a tendency to be inactive or to not react in situations.

Assertive

Characterized by confidence and self-assurance in stating opinions or claims, often in a respectful and non-confrontational manner.

Firm

describes a solid or hard texture, not easily pressed into.

Respect

The act of valuing and considering the feelings, wishes, rights, or traditions of others.