According to the Profit-Maximizing Principle of Marginal Analysis,if the Marginal

question 71

Multiple Choice

According to the profit-maximizing principle of marginal analysis,if the marginal benefit is _____ the marginal cost,_____.

• A)more than;an activity should be reduced
• B)less than;an activity should be reduced
• C)equal to;an activity should be reduced
• D)more than;net benefit is maximized

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Definitions:

Rods

Photoreceptor cells in the retina of the eye that are sensitive to low light levels and provide black-and-white vision.

Amplitude Waves

Amplitude waves refer to the magnitude or height of a wave, which reveals the amount of energy carried by the wave.

Amplitude

the magnitude or intensity of a fluctuating wave or signal, such as in sound (volume), light (brightness), or electrical signals.

Brightness

A perceptual attribute of visual experience by which an area appears to emit more or less light.