Sam's demand curve for pizza
A)lies below his marginal benefit curve from pizza.
B)lies above his marginal benefit curve from pizza.
C)is the same as his marginal benefit curve from pizza.
D)is the same as his marginal cost curve of pizza.
E)lies below his marginal cost curve of pizza.

Question

Quizplus · Accepted Answer

The demand curve for a product, such as pizza in this case, represents the marginal benefit curve to the consumer. This is because the demand curve shows the highest price a consumer is willing to pay for each additional unit, which is equivalent to the marginal benefit they derive from consuming that unit.

Sam's Demand Curve for Pizza