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Author Question: The phrase "decreasing marginal benefit" means that (Read 39 times)

rosent76

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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
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Marked as best answer by rosent76 on May 24, 2019

elizabethrperez

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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.
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rosent76

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Reply 2 on: May 24, 2019
Excellent

alvinum

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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