The only time a rational decision maker will choose an action is when the marginal utility of the activity is greater than the marginal cost of the action. Option A
This is further explained below.
<h3>A rational decisionmaker takes an action if and only if:?</h3>
The marginal cost is a term that refers to the change in the total cost that takes place as a direct consequence of an increase in the quantity of a product or service that is produced.
In the field of economics, this phrase refers to the amount of money that must be spent in order to produce one more unit of output.
In conclusion, if the marginal benefit of the action is greater than the marginal cost of the action, then the action will be conducted by a rational actor if there is a positive expectation that the action will have a net positive outcome. Alternative A
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CQ
A rational decisionmaker takes an action if and only if:
a) The marginal benefit of the action exceeds the marginal cost of the action
b) The marginal cost of the action exceeds the marginal benefit of the action,
c) The marginal cost of the action is zero,
d) The opportunity cost of the action is zero
