Products and services that are rare and essential will typically have
A) many alternatives.
B) a high total benefit.
C) a low price.
D) a low marginal benefit.
E) a high marginal benefit.

Question

Quizplus · Accepted Answer

Rare and essential products and services typically have a high marginal benefit because they are highly valued due to their scarcity and necessity, leading consumers to derive significant additional satisfaction from each additional unit consumed.

Products and Services That Are Rare and Essential Will Typically