We assume the marginal benefit of consumption ________ as we consume fewer units of a good.
A) remains constant
B) increases
C) decreases
D) could either increase or decrease

Question

Quizplus · Accepted Answer

The marginal benefit of consumption typically increases as we consume fewer units of a good, reflecting the principle of diminishing marginal utility, which suggests that as we consume less of something, the satisfaction (utility) from each additional (marginal) unit increases.

We Assume the Marginal Benefit of Consumption ________ as We