In general, the marginal benefit curve
A) has a negative slope.
B) has a positive slope.
C) is concave.
D) is vertical.
E) is horizontal.

Question

Quizplus · Accepted Answer

The marginal benefit curve typically has a negative slope because as more of a good or service is consumed, the additional benefit (or utility) derived from consuming an additional unit tends to decrease. This concept is known as diminishing marginal utility.

In General, the Marginal Benefit Curve