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

Question

Quizplus · Accepted Answer

Products and services that are plentiful and essential tend to have a low marginal benefit because each additional unit of consumption provides less added satisfaction or utility, given their abundance.

Products and Services That Are Plentiful and Essential Will Typically