The extra benefit resulting from a small increase in an activity is called the:
A) marginal benefit.
B) marginal cost.
C) opportunity cost.
D) diminishing returns of the activity.

Name: The extra benefit resulting from a small increase in an activity is called the: A) marginal benefit. B) marginal cost. C) opportunity cost. D) diminishing returns of the activity.
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Question

Quizplus · Accepted Answer

Marginal benefit is the additional benefit resulting from a small increase in an activity.

The Extra Benefit Resulting from a Small Increase in an Activity