Net benefit is equal to:
A) total benefit.
B) total benefit minus total cost.
C) total benefit plus marginal benefit.
D) marginal benefit minus marginal cost.

Name: Net benefit is equal to: A) total benefit. B) total benefit minus total cost. C) total benefit plus marginal benefit. D) marginal benefit minus marginal cost.
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Question

Quizplus · Accepted Answer

Net benefit is calculated by subtracting the total cost from the total benefit, which represents the overall gain after accounting for the costs incurred.

Net Benefit Is Equal To