Cost-benefit analysis-the maximum net benefit

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Reference no: EM13699023

In the cost-benefit analysis, the maximum net benefit (NB) occurs in which

the total benefit (TB) is maximized.

the marginal cost (MC) is minimized.

the marginal benefit (MB) and the marginal cost (MC) are equal.

the total cost (TC) is minimized.

Reference no: EM13699023

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