on-a-graph-showing-marginal-benefit-and-marginal-cost-what-does-the-intersection

Question

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

Accepted Answer

The point where marginal benefit equals marginal cost, indicating optimal consumption.

Answer

The point where average benefit equals average cost.

Answer

The point where initial benefit equals initial cost.

Answer

The point where total benefit equals total cost.