Figure: Marginal Benefits and Marginal Costs
(Figure: Marginal Benefits and Marginal Costs) Look at the figure Marginal Benefits and Marginal Costs.As shown, more time spent studying economics adds points to economics scores (MB) but subtracts points from accounting scores (MC).At 4 hours of study, Claudia will "maximize" her study time because:
A.MB MC.
B.MB = 20 and MC = 5.
C.the difference between total benefits and total costs is maximized.
D.sunk costs are minimized.

Question

Figure: Marginal Benefits and Marginal Costs
  (Figure: Marginal Benefits and Marginal Costs) Look at the figure Marginal Benefits and Marginal Costs.As shown, more time spent studying economics adds points to economics scores (MB) but subtracts points from accounting scores (MC).At 4 hours of study, Claudia will "maximize" her study time because: 
A.MB > MC.
B.MB = 20 and MC = 5.
C.the difference between total benefits and total costs is maximized.
D.sunk costs are minimized.

Quizplus · Accepted Answer

The Answer of Figure: Marginal Benefits and Marginal Costs
  (Figure: Marginal Benefits and Marginal Costs) Look at the figure Marginal Benefits and Marginal Costs.As shown, more time spent studying economics adds points to economics scores (MB) but subtracts points from accounting scores (MC).At 4 hours of study, Claudia will "maximize" her study time because: 
A.MB > MC.
B.MB = 20 and MC = 5.
C.the difference between total benefits and total costs is maximized.
D.sunk costs are minimized.