If at a given quantity _____,the decision maker should do _____ of the activity. A)MB MC;none

Question

If at a given quantity _____,the decision maker should do _____ of the activity. A)MB < MC;that amount B)MB < MC;less C)MB > MC;less D)MB > MC;none

Quizplus · Accepted Answer

When Marginal Benefit (MB) is less than Marginal Cost (MC), it indicates that the cost of producing one more unit is higher than the benefit derived from it. Therefore, the decision maker should do less of the activity to maximize efficiency and avoid losses.

If at a Given Quantity _____,The Decision Maker Should Do