Subject - Economics:

Microeconomics

MCQ - 113-4123

Question:

A rational consumer who is eating Girl Scout cookies stops eating when

the total benefit equals the total cost of eating cookies.
the marginal benefit equals the marginal cost of the next cookie.
the marginal cost of eating cookies is maximized.
the marginal benefit equals the marginal cost of the next cookie.
the price of the cookie equals the total benefit of the next cookie.

Correct Answer: B

Explanation:

Rational decision makers consume right up to the point where the MB of the next cookie is exactly equal to the MC of the next cookie.

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269 MCQ for effective preparation of the test of Microeconomics of Economics section.

Read the MCQ statement: A rational consumer who is eating Girl Scout cookies stops eating when , keenly and apply the method you have learn through the video lessons for Microeconomics to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 113-4123.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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