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According to Economic thinking, a person should do an activity when the Marginal benefit (MB) is smaller than the marginal cost (MC). Marginal benefit (MB)
According to Economic thinking, a person should do an activity when the Marginal benefit (MB) is smaller than the marginal cost (MC). Marginal benefit (MB) is greater than the marginal cost (MC). Marginal benefit (MB) and Marginal cost (MC) are constant. Marginal benefit (MB) is greater than or less than the Marginal cost (MC) depending on the activity
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