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An Economist, When Analyzing a Problem Will Attempt to

Question 73

Multiple Choice

An economist, when analyzing a problem will attempt to


A) maximize the net benefit of an action and this occurs where the marginal benefit equals the marginal cost.
B) maximize the total benefit of an action.
C) minimize the total cost of an action.
D) maximize the net benefit of an action and this occurs where the average benefit equals the average cost.

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