Marginal benefit is the additional benefit that arises from an increase in an activity. It is the benefit received from producing or consuming one more unit of a good or service. Therefore, the best choice is D, which is "the benefit that arises from an increase in an activity."

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Marginal Benefit Is

Question 73

Multiple Choice

Marginal benefit is

A) the benefit that arises from a decrease in an activity.
B) the cost of a decrease in an activity.
C) the cost of an increase in an activity.
D) the benefit that arises from an increase in an activity.
E) the sum of benefit and cost that arises from an increase in an activity.

Correct Answer: