The additional benefit incurred when undertaking an activity is the ________ benefit.
A) total
B) gross
C) marginal
D) explicit

Name: The additional benefit incurred when undertaking an activity is the ________ benefit. A) total B) gross C) marginal D) explicit
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Question

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The additional benefit incurred when undertaking an activity is referred to as the marginal benefit. This concept is used in economics to analyze the benefits of producing or consuming one more unit of a good or service.

The Additional Benefit Incurred When Undertaking an Activity Is the ________