asked 40.0k views
0 votes
If a society is going to get the most value from its resources, spending on an activity should be expanded only when: a) The government allocates more funds. b) The activity becomes extremely popular. c) The marginal benefit exceeds the marginal cost. d) There is no other way to use the resources.

1 Answer

4 votes

The correct answer is c) The marginal benefit exceeds the marginal cost.

answered
User Webster
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.