"There can be too much of a good thing." This statement suggests that

Question

Quizplus · Accepted Answer

The statement "There can be too much of a good thing" implies that producing more of a certain good or service may eventually lead to diminishing returns, where the cost of producing one more unit exceeds the benefit gained from it. This is reflected in option E, which states that a good may be produced to the point where its marginal cost exceeds its marginal benefit. Options A and C are partially correct, but they do not capture the idea that producing too much of a good can lead to negative consequences. Options B and D are not relevant to the statement.

"There Can Be Too Much of a Good Thing