The marginal benefit curve of a public good
A) slopes downward.
B) slopes upward.
C) is vertical.
D) is horizontal.
E) is U-shaped.

Name: The marginal benefit curve of a public good A) slopes downward. B) slopes upward. C) is vertical. D) is horizontal. E) is U-shaped.
Brand: Quizplus
Rating: 4.8 (32 reviews)

Question

Quizplus · Accepted Answer

The marginal benefit curve of a public good slopes downward because as more of the good is consumed, the marginal benefit of each additional unit decreases.

The Marginal Benefit Curve of a Public Good