When people/firms make decisions, do they compare marginal benefit to marginal cost, or total benefit to total cost? and
-
- Site Admin
- Posts: 899603
- Joined: Mon Aug 02, 2021 8:13 am
When people/firms make decisions, do they compare marginal benefit to marginal cost, or total benefit to total cost? and
When people/firms make decisions, do they compare marginalbenefit to marginal cost, or total benefit to total cost? and howwould a firm calculate its profit?