High School

If the marginal benefit of the next scoop of ice cream is less than the marginal cost, you should ______.

A) Buy more ice cream
B) Continue buying ice cream
C) Stop buying ice cream
D) Wait for the next scoop

Answer :

Final answer:

If the marginal benefit of the next scoop of ice cream is less than the marginal cost, you should stop buying ice cream.

Explanation:

If the marginal benefit of the next scoop of ice cream is less than the marginal cost, you should stop buying ice cream.

The marginal benefit represents the additional enjoyment or satisfaction gained from consuming one more unit of a good or service, while the marginal cost is the additional cost of producing or consuming that unit. If the marginal benefit is less than the marginal cost, it means that the additional satisfaction you would get from the next scoop of ice cream is not worth the additional cost. Therefore, it would be rational to stop buying ice cream at that point.

For example, if the marginal benefit of the next scoop of ice cream is only a small amount of enjoyment, but the cost of buying that scoop is high, it would be better to stop buying ice cream and spend the money on something else with a higher marginal benefit.

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