The additional benefit of increasing some activity by one-unit is called the
A)opportunity cost.
B)scarcity.
C)unit cost/benefit.
D)marginal benefit.
E)total benefit.

Name: The additional benefit of increasing some activity by one-unit is called the A)opportunity cost. B)scarcity. C)unit cost/benefit. D)marginal benefit. E)total benefit.
Brand: Quizplus
Rating: 4.7 (42 reviews)

Question

Quizplus · Accepted Answer

The additional benefit of increasing an activity by one unit is referred to as the marginal benefit.

The Additional Benefit of Increasing Some Activity by One-Unit Is