The Cost-Benefit Principle States That a Consumer Will Be Better

question 63

Multiple Choice

The cost-benefit principle states that a consumer will be better off to follow a particular course of action,only if the

• A) total benefits increase.
• B) total costs decrease.
• C) total costs remain unchanged.
• D) extra benefits from taking the action are at least equal to the extra costs.
• E) total benefits do not decreasE.

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Definitions:

Electrical Impulses

Signals that travel along neurons, enabling communication within the body, particularly in the nervous system.

Neuron's Axon

A long, slender projection of a nerve cell, or neuron, that typically conducts electrical impulses away from the neuron's cell body.

Messages

Units of communication intended to convey information, feelings, or instructions from a sender to a receiver.

Axon Terminals

The endings of axons that are responsible for transmitting signals to other neurons or muscles through synapses.