Marginal benefit is the
A) dollars sacrificed to purchase a good or service.
B) amount of one good or service that a person gains when another good or service is consumed.
C) benefit that a person receives from consuming one more unit of a good or service.
D) minimum amount a person is willing to pay for one more unit of a good or service.
Correct Answer:
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Q230: Resource use is allocatively efficient if the
A)
Q231: Resource use is allocatively efficient
A) when marginal
Q232: A marginal benefit curve shows
A) there are
Q233: When an economy produces at its allocatively
Q234: Marginal benefit curves generally slope
A) downward because
Q236: Suppose that the government is trying to
Q237: Marginal benefit curves slope
A) downward, but marginal
Q238: The principle of decreasing marginal benefit indicates
Q239: If the marginal benefit of a good
Q240: 
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