Dividing the total benefit of N units of an activity by N quantifies the
A) average benefit.
B) marginal benefit.
C) average cost.
D) units per benefit.
E) additional benefit.

Name: Dividing the total benefit of N units of an activity by N quantifies the A) average benefit. B) marginal benefit. C) average cost. D) units per benefit. E) additional benefit.
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Question

Quizplus · Accepted Answer

Dividing the total benefit of N units of an activity by N gives the average benefit per unit.

Dividing the Total Benefit of N Units of an Activity