A marginal benefit curve shows
A) the efficient use of resources.
B) the quantity of one good that must be forgone to get more of another good.
C) the quantity of one good that people are willing to forgo to get another unit of another good.
D) there are increasing opportunity costs.

Question

Quizplus · Accepted Answer

The marginal benefit curve represents the additional benefit that a person receives from consuming an additional unit of a good or service. It essentially shows how much of one good people are willing to give up to obtain one more unit of another good, reflecting their preferences and the trade-offs they are willing to make.

A Marginal Benefit Curve Shows