The marginal benefit minus the marginal cost equals:
A)the efficiency balance.
B)the consumer surplus minus the producer surplus.
C)the consumer surplus.
D)the economic surplus.

Question

Quizplus · Accepted Answer

The marginal benefit minus the marginal cost is known as the net benefit or economic surplus, which is the total benefit gained by a society from an economic transaction or activity. Therefore, option D is the correct answer.

The Marginal Benefit Minus the Marginal Cost Equals