Economists use the word marginal to mean an extra or additional benefit or cost of a decision. An optimal decision occurs when
A. marginal cost is zero.
B. marginal benefit is greater than marginal cost.
C. marginal benefit is maximized.
D. marginal benefit equals marginal cost.
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Home » Business » Economists use the word marginal to mean an extra or additional benefit or cost of a decision. An optimal decision occurs when A. marginal cost is zero. B. marginal benefit is greater than marginal cost. C. marginal benefit is maximized. D.