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The Marginal Benefit Derived from the Consumption of a Product

Question 2

Multiple Choice

The marginal benefit derived from the consumption of a product is equal to:


A) the total value placed on the consumption of a product
B) the total satisfaction derived from the consumption of a product
C) the marginal utility derived from the consumption of a product
D) the maximum price a consumer will pay for a specific unit of a product
E) the minimum price a consumer will pay for a specific unit of a product

Correct Answer:

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