The marginal benefit of a slice of pizza is the:
A) total amount that a consumer is willing to pay for a whole pizza, divided by the number of slices
B) difference between the value of the slice to the consumer and the price of the slice.
C) maximum amount that a consumer is willing to pay for the slice.
D) price of the slice of pizza

Question

Quizplus · Accepted Answer

The marginal benefit of a slice of pizza is the maximum amount that a consumer is willing to pay for that slice, reflecting the value of the slice to the consumer.

The Marginal Benefit of a Slice of Pizza Is The