Arrange the steps of conducting marginal analysis to determine optimal output: A) Compare marginal benefit and marginal cost, B) Identify the level of output, C) Make production decisions based on equality of benefits and costs, D) Assess the impact of changes in output on costs and benefits.

To conduct marginal analysis, first assess how changes in output affect costs and benefits (step D). Next, compare the marginal benefit with the marginal cost (step A). When the marginal benefit equals the marginal cost, use that equality to guide production decisions (step C). Finally, identify the specific level of output that satisfies this equality, which is the optimal output (step B). This sequence ensures you understand the trade‑offs, compare them, decide when they balance, and then pick the output level that maximizes net benefit.