Mia wants to buy a book. The economic perspective suggests that Mia will buy the book if:

Question

Quizplus · Accepted Answer

The economic perspective suggests that a rational individual will only buy a product if the marginal benefit (the additional benefit from consuming one more unit of the good) is greater than its marginal cost (the additional cost of producing one more unit of the good). In this case, Mia will only buy the book when the benefit of the book (such as entertainment, education, or personal interest) is greater than its cost. Therefore, the correct answer is D.

Mia Wants to Buy a Book