Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Economists believe that optimal decisions are made up to the point where: marginal benefit is zero. marginal cost is zero. marginal benefits are greater than
Economists believe that optimal decisions are made up to the point where:
- marginal benefit is zero.
- marginal cost is zero.
- marginal benefits are greater than marginal costs.
- marginal costs are greater than marginal benefits.
- marginal benefits are equal to marginal costs.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started