The Cost-Benefit Principle Indicates That an Action Should Be Taken

question 15

Multiple Choice

The cost-benefit principle indicates that an action should be taken:

• A) if the total benefits exceed the total costs.
• B) if the average benefits exceed the average costs.
• C) if the net benefit (benefit minus cost) is zero.
• D) if the extra benefit is greater than or equal to the extra costs.

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Definitions:

Southern Slaveholders

Southern slaveholders were individuals in the southern United States who owned slaves, primarily before the Civil War, as part of the agricultural and economic system.

Nat Turner

An African American slave who led a violent slave rebellion in Virginia in 1831, resulting in the deaths of dozens of white people and increased oppressive legislation against enslaved and free African Americans.

African-American Christianity

A form of Christianity practiced among African-American communities, incorporating unique cultural expressions and experiences, particularly those related to historical struggles and liberation.

Planter Class

Refers to the wealthy and influential landowners in the South who owned plantations and numerous slaves prior to the American Civil War.