Deciding to pursue an activity as long as the extra benefits are at least equal to the extra costs defines the
A) cost-benefit principle.
B) scarcity principle.
C) No-Free-Lunch principle.
D) marginal principle.
E) extra principlE.

Question

Quizplus · Accepted Answer

The description given is of the cost-benefit principle. This principle suggests that individuals should engage in an activity only if the extra benefits exceed the extra costs.

Deciding to Pursue an Activity as Long as the Extra