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How do marginal costs
and benefits relate to trade-offs?

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User ColeX
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1 Answer

10 votes

Answer:

A trade-off is the actual alternative option that is given up, while the value of this alternative option is the opportunity cost. ... Marginal cost is the cost of using one more unit of a good or service, and marginal benefit is the benefit or satisfaction received from using one more unit of a good or service.

Step-by-step explanation:

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User Eric Chao
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