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

Question

Quizplus · Accepted Answer

The benefit of an activity is the gain or pleasure it brings, which is subjective and cannot be measured purely in dollars. The other options are not accurate descriptions of the benefit of an activity.

The Benefit of an Activity Is