Marginal benefit curves slope
A) downward because of increasing opportunity cost.
B) upward because of increasing opportunity cost.
C) downward, but not because of increasing opportunity cost.
D) upward, but not because of increasing opportunity cost.

Question

Quizplus · Accepted Answer

Marginal benefit curves slope downward because as more of a good is consumed, the additional satisfaction (or benefit) from consuming an additional unit typically decreases, not due to increasing opportunity cost.

Marginal Benefit Curves Slope