your professor loves his work teaching economics. he has been offered other posiitions in the corporate world that would increase his income by 25% but he has decided to continue workng as a professor. his decision would not change unless he marginalbenefit of a. corporate job decreased.b.cost of a corporate job increased.c.cost of teaching increased.d.benefit of teaching increased.

The term "marginal cost" describes the extra expense brought on by continuing an activity, typically labor or output. If the advantages of the additional output outweigh the marginal costs, economists support increased production or the hiring of workers.

The maximum sum of money a consumer will spend on an additional commodity or service is known as the marginal benefit. As spending rises, customer contentment tends to decline. The difference in price caused by producing an extra unit of a good or service is known as the marginal cost.

The benefits the professor receives from her teaching will diminish as the marginal cost rises in her situation. Her earnings now will drop. Her decision to work as a teacher will change if her salary drops.

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