Refer to the following figure, which shows marginal benefits (MB) and marginal cost (MC) of activity A.
-If the decision maker is choosing 300 units of activity A,
A) this level maximizes net benefits.
B) if the activity is increased by one unit, net benefits will increase by $20.
C) if the activity is decreased by one unit, net benefits will decrease by $20.
D) both b and c
E) all of the above
Correct Answer:
Verified
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