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Can a person exercise too much? Explain your answer using the graph of MB & MC curves for exercising. ( Hint: the MB curve is
Can a person exercise "too much"? Explain your answer using the graph of MB & MC curves for exercising. ( Hint: the MB curve is downward sloping and; the MC curve is upward sloping. As long as MB > MC, the person will exercise. The person stops exercising when MB = MC. This is the efficient amount of exercise. If the person exercises when MC > MB, then she will be exercising too much.)
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