Net Benefit Is Maximized When Marginal Benefit _______ Marginal Cost

question 22

Multiple Choice

Net benefit is maximized when marginal benefit _______ marginal cost.

• A) exceeds
• B) is less than
• C) is equal to
• D) approaches

---

Definitions:

Behavioral Approach

Studies leadership by examining the actions and behaviors of leaders rather than their traits or characteristics.

Performance Outcomes

The results or achievements that come from the performance of a task, operation, or activity measured against predetermined standards or objectives.

Research

The systematic investigation into and study of materials, sources, etc., to establish facts and reach new conclusions.

Middle-Of-The Road Leadership

A leadership style that balances concern for people and concern for production, aiming to achieve moderate levels of both.