You should decide to go to a movie:
A)if the marginal cost of the movie exceeds its marginal benefit.
B)if the marginal benefit of the movie exceeds its marginal cost.
C)if your income will allow you to buy a ticket
D)because movies are inherently good products.

Question

Quizplus · Accepted Answer

When deciding to go to a movie, it is important to weigh the marginal cost (the additional cost of attending one more movie, such as the price of a ticket and transportation) against the marginal benefit (the additional enjoyment or satisfaction gained from attending one more movie). If the marginal benefit exceeds the marginal cost, it is a good decision to go to the movie. Therefore, the best choice is B, if the marginal benefit of the movie exceeds its marginal cost.

You Should Decide to Go to a Movie