This topic contains a solution. Click here to go to the answer

Author Question: The phrase "decreasing marginal benefit" means that (Read 20 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
The phrase "decreasing marginal benefit" means that
◦ the more you consume of the product, the less total benefit you derive.
◦ the marginal cost will be increasing as you consume more of a good.
◦ each additional unit of a good you consume gives you less additional benefit than the previous unit.
◦ Both answers the more you consume of the product, the less total benefit you derive and the marginal cost will be increasing as you consume more of a good are correct.
◦ Both answers the more you consume of the product, the less total benefit you derive and each additional unit of a good you consume gives you less additional benefit than the previous unit are correct.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by rosent76 on May 24, 2019

elizabethrperez

  • Sr. Member
  • ****
  • Posts: 344
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




rosent76

  • Member
  • Posts: 516
Reply 2 on: May 24, 2019
Wow, this really help


Alyson.hiatt@yahoo.com

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

For a complete list of videos, visit our video library