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Which describes the resource when the benefit of its use is greater than the opportunity cost?
being used efficiently <3
What else can I help you with?
The optimal use of a resource take place when?
The benefit is greater than the opportunity cost.
When the benefit of one particular use of a resource is greater then the opportunity cost than that resource is which of the following?
being used efficiently <3
When the benefit of one particular use of a resource is greater than the opportunity cost?
Being used efficiently
What describes the kinds of decisions that result from using cost-benefit analysis?
An outcome with benefits that are greater than the costs.
Which of the following best describes the kinds of decisions that result from using cost-benefit analysis?
An outcome with benefits that are greater than the costs.
The optimal use of a resource take place when?
The benefit is greater than the opportunity cost.
What happens when the optimal use of a resource takes place?
The benefit is greater than the opportunity cost.
What is The optimal use of a resource takes place when happens?
The benefit is greater than the opportunity cost.
When the benefit of one particular use of a resource is greater then the opportunity cost than that resource is which of the following?
being used efficiently <3
When the benefit of one particular use of a resource is greater than the opportunity cost?
Being used efficiently
When the benefit of one particular use of a resource is greater than the opportunity cost then that resource is which of the followingAsk us anything?
When the benefit of a particular use of a resource is greater than the opportunity cost, that resource is considered to be allocated efficiently. This means that the resource is being used in a way that maximizes its value and contributes positively to overall utility. Essentially, it reflects a scenario where the chosen option provides a net gain compared to the next best alternative.
What happens when optimal use of a resource takes place?
The benefit is greater than the opportunity cost.
What describes the kinds of decisions that result from using cost-benefit analysis?
An outcome with benefits that are greater than the costs.
Who benifts from copyright?
Creators benefit because they have a greater opportunity to make money from their works, and society benefits through more creative works.
Which of the following best describes the kinds of decisions that result from using cost-benefit analysis?
An outcome with benefits that are greater than the costs.
Which describes the kinds of decisionsthat result from using cost-benefit analysis?
An Outcome with benefits that are greater than the costs Apex(: <3 Brittany*
Deciding whether to do or use one additional unit of some resource?
When deciding whether to use one additional unit of a resource, consider the marginal benefit it will provide compared to the additional cost or effort required. If the marginal benefit is greater than the marginal cost, it may be worth utilizing the additional unit. However, if the marginal cost exceeds the benefit, it may be more efficient to forgo using the additional unit.
