Flashcard sets with a 'the cost-benefit principle' term meaning 'an individual should take an action if, and only if, the extra benefits from taking the action are at least as great as the extra costs.'

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1-1 of 1Flashcard sets with a 'the cost-benefit principle' term meaning 'an individual should take an action if, and only if, the extra benefits from taking the action are at least as great as the extra costs.'
# Title Terms Date
1Econ101- Chapter 1,2,3by asmith1051 termsSeptember 25, 2008
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