If a particular choice that an individual faces gives him a benefit of $20 but costs $30,the net benefit from making this choice equals ________.
A) $20
B) $10
C) −$10
D) −$30

Question

Quizplus · Accepted Answer

The net benefit would equal the benefit minus the cost, which in this case would be $20 - $30 = -$10. Therefore, the best choice would be not to make the choice at all, as it would result in a net loss.

If a Particular Choice That an Individual Faces Gives Him