Studying has both costs and benefits. If you continue to study (e.g., for a test) for as
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Studying has both costs and benefits. If you continue to study (e.g., for a test) for as long as the marginal benefits of studying are greater than the marginal costs, and you stop studying when the two are equal, will your action be consistent with having maximized the net benefits of studying? Explain your answer.
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Yes To illustrate suppose the marginal benefits and marginal costs in dollars are as follows for var...View the full answer
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Nyron Beeput
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