Marginal benefit is the
A) benefit that a person receives from consuming one more unit of a good or service.
B) minimum amount a person is willing to pay for one more unit of a good or service.
C) dollars sacrificed to purchase a good or service.
D) amount of one good or service that a person gains when another good or service is consumed.
Correct Answer:
Verified
Q1: A person who has an absolute advantage
Q56: Q93: Markets are BEST defined as Q94: Marginal benefit curves slope Q95: Moving from one point on the production
A) specific geographic
A) upward because of
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