The marginal benefit Joseph gets from purchasing a fourth pair of shoes is
A) the same as the total benefit he gets from purchasing four pairs of shoes.
B) more than the marginal cost of purchasing the fourth pair of shoes.
C) the total benefit he gets from purchasing four pairs of shoes minus the total benefit he gets from purchasing three pairs of shoes.
D) the total benefit he gets from purchasing five pairs of shoes minus the total benefit he gets from purchasing four pairs of shoes.
Correct Answer:
Verified
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