Studying has both costs and benefits. If you continue to study ( say, for a test ) as long as the marginal benefits of studying are greater than the marginal costs and stop studying when the two are equal. will your action be consistent with having maximized the net benefits of studying? Explain your answer:
Studying has both costs and benefits. If you continue to study ( say, for a test ) as long as the marginal benefits of studying are greater than the marginal costs and stop studying when the two are equal. will your action be consistent with having maximized the net benefits of studying? Explain your answer:
Chapter1: What Economics Is About
Section1.3: Key Concepts In Economics
Problem 2ST
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Studying has both costs and benefits. If you continue to study ( say, for a test ) as long as the marginal benefits of studying are greater than the marginal costs and stop studying when the two are equal. will your action be consistent with having maximized the net benefits of studying? Explain your answer:
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