In general,the marginal benefit curve
A) has a positive slope.
B) has a negative slope.
C) is horizontal.
D) is vertical.
E) is concave.

Question

Quizplus · Accepted Answer

The marginal benefit curve typically has a negative slope, indicating that as the quantity of a good or service consumed increases, the additional benefit (or utility) received from each additional unit decreases. This is known as the law of diminishing marginal utility.

In General,the Marginal Benefit Curve