If Marginal Benefit Is Greater Than Marginal Cost, Output Is

question 111

True/False

If marginal benefit is greater than marginal cost, output is inefficiently high.

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Definitions:

Carl Rogers

An influential American psychologist who founded the humanistic approach to psychology, emphasizing the importance of the self and the actualization of an individual's potential.

Active Listening

A communication technique that involves giving full attention to the speaker, understanding their message, providing feedback, and responding appropriately.

Echoing

The repetition or imitation of sounds, words, or phrases, often used as a communication technique or learning method.

Clarifying

The process of making a statement or situation less confused and more comprehensible.