A person should consume more of something when its marginal
A)benefit exceeds its marginal cost.
B)cost exceeds its marginal benefit.
C)cost equals its marginal benefit.
D)benefit is still better.

Question

Quizplus · Accepted Answer

The principle of marginal analysis suggests that optimal consumption occurs when the marginal benefit of consuming an additional unit of something exceeds its marginal cost. This means you gain more from the consumption than what it costs you, leading to an overall increase in utility or satisfaction.

A Person Should Consume More of Something When Its Marginal