Marginal benefit is the change in total benefit resulting from an action. Marginal cost is the change in total cost resulting from an action.
Standard detail
2.
Benchmark
Depth 1Parent ID: 9A4553A800AA42F6A8D768CB4A6A6D85Standard set: Grades 5, 6, 7, 8
Original statement
Quick facts
- Statement code
- 2.
- List ID
- 2.
- Standard ID
- F2DA4AB8AE984B96AE255E59F0668B85
- ASN identifier
- S2604668
- Subject
- Economics
- Grades
- 05, 06, 07, 08
- Ancestor IDs
- 9A4553A800AA42F6A8D768CB4A6A6D85
- Source document
- Voluntary National Content Standards in Economics (2010)
- License
- CC BY 3.0 US