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

Author Question: The phrase "decreasing marginal benefit" means that (Read 32 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


connor417

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

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?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

Medication errors are three times higher among children and infants than with adults.

For a complete list of videos, visit our video library