Social Studies, 04.10.2019 20:00 cathysilvestro
Identify the terms that correctly describe "marginal benefit." another term for "marginal benefit" is "marginal utility." "marginal benefit" refers to any additional unit purchased after the first unit has been purchased. "marginal benefit" is most related to the economic concept of "opportunity cost"? "marginal cost" refers to the additional amount of income generated by producing an additional product. a rational economic decision can be defined as a decision in which there are no opportunity costs.
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Identify the terms that correctly describe "marginal benefit." another term for "marginal benefit" i...
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