Which of these is true about the marginal benefit marginal, Ask an Expert

Economics

Which of these is true about the marginal benefit / marginal cost to abatement and the total cost / total benefit to abatement graphs? (Multiple answers allowed)

Select one or more:

1. The slope of the total cost (benefit) curve at a certain X is equal to the value of the marginal cost (benefit) curve at that X

2. Both graphs contain the same information

3. The graphs contain dissimilar information

4. The total cost / total benefit graph does not have any information about marginal costs or marginal benefits

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91227013

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