Exhibit 14.3 -Refer to Exhibit 14.3,which Shows the Marginal Cost and the Marginal

Exhibit 14.3

-Refer to Exhibit 14.3,which shows the marginal cost and the marginal benefit of information curves.The marginal benefit curve shows that _____

A) as consumers become more familiar with a market, additional information yields less and less marginal utility.
B) the marginal benefit of information increases as a consumer spends more and more time acquiring information.
C) greater and greater distances must be covered to acquire a marginal piece of information.
D) the cost of gathering information diminishes as more of it is gathered.
E) common knowledge alone is enough to decide consumer choice.