jojodancer2709 jojodancer2709
  • 06-06-2023
  • Business
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Which statement is true about "marginal analysis" of costs and benefits? Draw a graph, it may help. a) Net benefit is at its greatest where TB=TC b) The MC of an activity declines as TC increases c) If the MC function shifts to the left, at the new level of "activity" the MB of the last unit will be greater. d) Net benefits are always decreasing

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