on-a-graph-showing-marginal-benefit-and-marginal-cost-what-does-the-area-above-t

Question

On a graph showing marginal benefit and marginal cost, what does the area above the intersection point represent?

Accepted Answer

The area where marginal benefit is greater than marginal cost.

Answer

The area where marginal cost is greater than marginal benefit.

Answer

The area where total benefit equals total cost.

Answer

The area where average benefit equals average cost.