If the marginal benefit exceeds the marginal cost, it is rational to do the activity (or to do more of it).

Name: If the marginal benefit exceeds the marginal cost, it is rational to do the activity (or to do more of it).
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Question

Quizplus · Accepted Answer

When the marginal benefit of an activity exceeds its marginal cost, it means that the additional benefits from doing the activity (or more of it) outweigh the additional costs, making it rational to engage in or increase the activity.

If the Marginal Benefit Exceeds the Marginal Cost, It Is