Question:
4. Choosing to study for an exam until the extra benefit (improved score) equals the extra cost (mental fatigue) is A) not rational. B) an application of the cost-benefit principle. C) an application of the scarcity principle. D) the relevant oppo11unity cost. E) less desirable than studying for the entire evening.
Author: Gonza RAnswer:
B) an application of the cost-benefit principle.
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