The benefit of an activity is
A) purely objective and measured in dollars.
B) the gain or pleasure that it brings.
C) the value of its opportunity cost.
D) measured by what must be given up to get one more unit of the activity.
E) not measurable on the margin.

Question

Quizplus · Accepted Answer

The benefit of an activity is subjective and cannot be purely measured in dollars. It is the gain or pleasure that the activity brings to the person engaging in it.

The Benefit of an Activity Is