Question

Saying "the marginal costs are greater than the marginal benefits" is the same as saying the average costs are greater than the average benefits. the total costs are greater than the average benefits. the benefits are greater than the costs. the additional costs are greater than the additional benefits. the costs minus the benefits equal the net costs.

Answer 1

Answer: Saying "the marginal costs are greater than the marginal benefits" is the same as saying "the additional costs are greater than the additional benefits."

Explanation: Marginal benefit refers to the benefit, which the company receives for the production of an additional unit of a good or service.

Therefore a marginal cost is that incurred by a person for the production of an additional unit of a good or service.