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Optimization behavior implies that if the marginal benefit of an activity is greater than its marginal cost, you should not engage in that activity.

Marginal cost refers to the increase or decrease in cost to produce another unit or service another customer. Also called a surcharge.

Marginal cost refers to the additional cost of producing each additional unit. For example, it may cost him $10 to make 10 cups of coffee. Making another one will cost you $0.80. This is the marginal cost. Additional cost to produce additional units of production. Marginal costs arise from production costs.

Marginal cost is the incremental or additional cost of producing one more unit of production. It is the amount by which total and total variable costs change as more or fewer units of output are produced.

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