A change in the level of an economic activity is desirable and should be undertaken as long as the marginal benefits exceed the ____.
a. marginal returns
b. total costs
c. marginal costs
d. average costs
e. average benefits
Question 2
A franchisee works than a salaried manager of company store because
a. Less, he doesn't get to keep the additional profits he generates
b. Harder, he gets to keep the additional profits he generates
c. Lesser, he is generally lazy
d. Harder, he doesn't get to keep the additional profits he generates
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economic question