This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The phrase "decreasing marginal benefit" means that (Read 43 times)

rosent76

  • Hero Member
  • *****
  • Posts: 516
on: May 24, 2019
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.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


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
Reply #1 on: May 24, 2019
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
YES! Correct, THANKS for helping me on my review

skipfourms123

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

It is difficult to obtain enough calcium without consuming milk or other dairy foods.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do Surface magnetic field of SU Aur (a young star of T Tauri type), reconstructed by means of Zeeman-Do
How People Match Their Goals to Their Means How People Match Their Goals to Their Means
Older Adults Benefit from Good Nutrition and Physical Activity Older adults Older Adults Benefit from Good Nutrition and Physical Activity Older adults
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Increasing/decreasing Functions Increasing/decreasing Functions
This living protozoan is the common Paramecium multimicronucleatum that moves by means of its numero This living protozoan is the common Paramecium multimicronucleatum that moves by means of its numero
Video: Humerus Adduction Animation

For a complete list of videos, visit our video library