Situation 37-2 Dan and Ann live in the same community and both can participate in two activities, producing and stealing.
Refer to Situation 37-2. Ann spends 8 hours of each day producing and 1 hour of each day stealing. It is probably the case for her that

Question

Situation 37-2 Dan and Ann live in the same community and both can participate in two activities, producing and stealing.
Refer to Situation 37-2.   Ann spends 8 hours of each day producing and 1 hour of each day stealing.  It is probably the case for her that

Quizplus · Accepted Answer

Since Ann spends more time producing than stealing, it is likely that at some point the marginal benefit of producing fell below the marginal cost while the marginal benefit of stealing was still greater than the marginal cost, resulting in her deciding to steal instead of produce.

Situation 37-2 Dan and Ann Live in the Same Community