Like marginal utility, marginal benefit
A)measures satisfaction for a consumer.
B)is used to analyze government behavior.
C)decreases with increased consumption of a good.
D)is a purely theoretical, immeasurable quantity.
E)is a dollar measure.

Question

Quizplus · Accepted Answer

Marginal benefit decreases with increased consumption of a good because the additional satisfaction derived from consuming one more unit of a good decreases as more units are consumed.

Like Marginal Utility, Marginal Benefit