Question: When analyzing a problem, an economist will attempt to A minimize the total cost of an action. B maximize the total benefit of an action.

When analyzing a problem, an economist will attempt to A minimize the total cost of an action. B maximize the total benefit of an action. C maximize the net benefit of an action, and this occurs where the marginal benefit equals the marginal cost. D maximize the net benefit of an action, and this occurs where the average benefit equals the average cost

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