Which of the following statements is correct?

Question

Quizplus · Accepted Answer

This statement captures the rational behavior of students towards academic achievement, as individuals tend to increase effort as long as the benefits outweigh costs. This is in line with the economic principle of rational choice where individuals make decisions that maximize their overall benefit. The other options are not accurate. B is inaccurate because the marginal benefit of academic achievement tends to decrease as more effort is dedicated to it. C is inaccurate because students' effort is influenced by marginal benefits and costs. D is inaccurate because aggregate student achievement may be subject to increasing marginal costs, especially in scenarios where resources are scarce.

Which of the Following Statements Is Correct