When Actions Are Finely Divisible,the Marginal Benefit of Action X

question 13

Multiple Choice

When actions are finely divisible,the marginal benefit of action X is equal to:

• A) the slope of a line that is tangent to the total benefit curve at X.
• B) the slope of a line from the origin to a point on the total benefit curve at X.
• C) the marginal cost of X.
• D) the inverse of the slope of the total benefit curve at point X.

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Definitions:

Valid

In logic, a term describing an argument where, if the premises are true, the conclusion must also be true.

Argument Form

The structure or pattern of reasoning used in constructing a logical argument.

Premises

Statements or propositions from which another is inferred or follows as a conclusion.

Syllogism

A deductive argument presented in the form of two supporting premises and a conclusion.