Economists Reason That the Optimal Decision Is to Continue Any

question 89

Multiple Choice

Economists reason that the optimal decision is to continue any activity up to the point where the

• A)marginal benefit is zero.
• B)marginal benefit is greater than the marginal cost.
• C)marginal cost is zero.
• D)marginal benefit equals the marginal cost.

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Definitions:

Survivors

Individuals or entities that remain active or viable after a particularly challenging period or event, often having adapted to new conditions.

Selective Perception

The cognitive process by which individuals perceive what they want in messages while ignoring opposing viewpoints.

Social Influence

The effect that the words, actions, or mere presence of other people have on an individual's thoughts, feelings, attitudes, or behaviors.

Word Of Mouth

The influencing of people during conversations.