ECONOMICS
PRODUCTIVITY
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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What does a cost-benefit analysis compare?
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total costs and total revenue
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total revenue and marginal benefit
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marginal costs and total costs
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marginal costs and marginal benefits
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Explanation:
Detailed explanation-1: -Marginal benefit is defined as the highest cost that a consumer might pay for the purchase of any additional unit of a product. Marginal cost is defined as the measurable expense change that the businesses have in case they produce any additional unit of a product or service.
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