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

Question

Quizplus · Accepted Answer

Marginal benefit curves slope downward because as more of a good is consumed, the additional benefit from consuming an extra unit typically decreases, reflecting the principle of diminishing marginal utility.

Marginal Benefit Curves Slope