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26 August, 16:02

Economists use the word marginal to mean an extra or additional benefit or cost of a decision. an optimal decision occurs when

a. marginal benefit equals marginal cost.

b. marginal cost is zero.

c. marginal benefit is maximized.

d. marginal benefit is greater than marginal cost.

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  1. 26 August, 16:23
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    A. Marginal benefits equal marginal costs
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