Net benefit is that which results when:
A) total cost is subtracted from total benefit.
B) total benefit is divided by marginal benefit.
C) marginal benefit is subtracted from total benefit.
D) marginal cost is subtracted from marginal benefit.

Question

Quizplus · Accepted Answer

Net benefit is calculated by subtracting the total cost from the total benefit, which gives the overall gain or loss from an action after accounting for all associated costs.

Net Benefit Is That Which Results When