A Change in the Level of an Economic Activity Is

question 16

Multiple Choice

A change in the level of an economic activity is desirable and should be undertaken as long as the marginal benefits exceed the ____.

• A) marginal returns
• B) total costs
• C) marginal costs
• D) average costs
• E) average benefits

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Definitions:

Ban Alcohol

The prohibition of the manufacture, sale, and consumption of alcoholic beverages, notably practiced in the United States from 1920 to 1933.

Medical Purposes

The use of substances, procedures, or treatments to diagnose, cure, treat, or prevent disease, injury, or other physical or mental impairments in humans.

Maine

Maine is a state in the New England region of the northeastern United States, known for its scenic coastlines, maritime history, and as the leading producer of lobsters in the country.

Common School Movement

was a 19th-century movement in the United States aimed at providing universal, non-sectarian, free public schooling for all children.