The marginal benefit of search ________ with the discovered price,while the marginal cost of search is ________.
A) increases; decreased
B) increases; constant
C) decreases; negative
D) increases; negative

Question

Quizplus · Accepted Answer

The marginal benefit of search decreases as the discovered price becomes lower (since it becomes harder to find a significantly better deal), and the marginal cost of search is generally constant, as it typically involves a consistent expenditure of time, effort, or money.

The Marginal Benefit of Search ________ with the Discovered Price,while