Marginal benefits are the

Question

Quizplus · Accepted Answer

Marginal benefits refer to the additional benefits that you receive from your next choice or action. Option D is the only choice that accurately describes marginal benefits. A refers to marginal costs, which are the additional costs of the next choice. B and E refer to averages, which are not necessarily the same as marginal benefits. C refers to externalities, which are effects on third parties that are not captured in the marginal benefits or costs.

Marginal Benefits Are the