The extra benefit that comes from an extra unit of activity is called the _________ of the activity.

Name: The extra benefit that comes from an extra unit of activity is called the _________ of the activity.
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Question

Quizplus · Accepted Answer

The term used to describe the extra benefit gained from one more unit of activity is the marginal benefit. It is important to consider the marginal benefit when making decisions because it helps determine if the benefits outweigh the costs of an additional unit of activity.

The Extra Benefit That Comes from an Extra Unit of Activity