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Loraine Loraine
wrote...
Posts: 4563
8 years ago
Marginal benefit is the
A) total benefit we receive from consuming a good or service.
B) additional benefit we receive from consuming one more unit of a good or service.
C) minimum amount of other goods or services we are willing to give up.
D) opportunities given up to get one more unit of a good or service.
E) the benefit we receive from consuming one more unit of a good or service minus the cost of the producing one more unit of the good or service.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 221 times
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SmooothSmoooth
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Posts: 5500
8 years ago
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8 years ago
My pleasure Happy Dummy
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