Maximizing Total Benefits Is Equivalent to Maximizing Net Benefits If

question 55

Multiple Choice

Maximizing total benefits is equivalent to maximizing net benefits if and only if there are:

• A)constant costs associated with achieving more benefits.
• B)no costs associated with achieving more benefits.
• C)increasing costs associated with achieving more benefits.
• D)decreasing costs associated with achieving more benefits.

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Definitions:

Cenozoic

The current geological era, beginning 66 million years ago and characterized by the dominance of mammals, birds, and flowering plants.

Mesozoic

An era of geological time from about 252 to 66 million years ago, known for the dominance of dinosaurs and the development of mammals and flowering plants.

Dominant Creatures

Referring to the species that exert the most influence over their environment or ecosystem, often due to their population size, biomass, or ecological role.

Diagnostic Features

Characteristics or attributes that help in the identification or diagnosis of conditions, diseases, or differentiating among various options.