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An individual (or a firm or a society) should only take an action if, and only if, the extra benefits from taking the action are
An individual (or a firm or a society) should only take an action if, and only if, the extra benefits from taking the action are at least as great as the extra costs. This describes ______. Multiple choice question. The Money Illusion Cost-Benefit Principle Scarcity Principle The Theory of Profit
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