A rational decision maker takes an action only if the:

Name: A rational decision maker takes an action only if the:
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A rational decision maker will only take an action if the marginal benefit, meaning the additional benefit gained from taking that action, is greater than the marginal cost, meaning the additional cost incurred from taking that action. This is because taking an action where the marginal cost exceeds the marginal benefit would result in a net loss.

A Rational Decision Maker Takes an Action Only If The