The difference between marginal benefits and marginal costs are the:

Question

Quizplus · Accepted Answer

Marginal benefits refer to the additional benefits gained from the consumption or production of one more unit of a good or service. Marginal costs, on the other hand, refer to the additional costs incurred from the production or consumption of one more unit of a good or service. Marginal net benefits are the difference between marginal benefits and marginal costs, and they represent the overall gain or loss from consuming or producing one more unit. Therefore, the best choice is B, as it correctly represents the concept of marginal net benefits.

The Difference Between Marginal Benefits and Marginal Costs Are The