Use the following to answer question(s): Surplus and Demand

-(Exhibit: Surplus and Demand) The market demand curve can be considered to be a _______ curve.
A) marginal benefit
B) marginal cost
C) total benefit
D) total cost

Question

Use the following to answer question(s): Surplus and Demand
 
-(Exhibit: Surplus and Demand) The market demand curve can be considered to be a _______ curve.
A) marginal benefit 
B) marginal cost 
C) total benefit 
D) total cost

Quizplus · Accepted Answer

The market demand curve represents the marginal benefit that consumers derive from consuming each additional unit of a good or service. Therefore, A is the correct choice.

Use the Following to Answer Question(s): Surplus and Demand