As more of a good is consumed, the marginal benefit of the good
A) decreases.
B) increases.
C) first decreases and then increases.
D) remains constant.
E) is unpredictable.

Question

Quizplus · Accepted Answer

This is the law of diminishing marginal utility, which states that as more of a good is consumed, the additional satisfaction (or marginal benefit) derived from each additional unit of the good will eventually decrease.

As More of a Good Is Consumed, the Marginal Benefit