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Title: The phrase "decreasing marginal benefit" means that Post by: Loraine on Jun 20, 2015 The phrase "decreasing marginal benefit" means that
A) the more you consume of the product, the less total benefit you derive. B) the marginal cost will be increasing as you consume more of a good. C) each additional unit of a good you consume gives you less additional benefit than the previous unit. D) Both answers A and B are correct. E) Both answers A and C are correct. Title: Re: The phrase "decreasing marginal benefit" means that Post by: Smoooth on Aug 10, 2015 Content hidden
Title: Re: The phrase "decreasing marginal benefit" means that Post by: Smoooth on Aug 31, 2015 My pleasure :-]
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