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

Author Question: The phrase "decreasing marginal benefit" means that (Read 41 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
Excellent

lindahyatt42

  • Member
  • Posts: 322
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Immunoglobulin injections may give short-term protection against, or reduce severity of certain diseases. They help people who have an inherited problem making their own antibodies, or those who are having certain types of cancer treatments.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Gangrene of the toes and foot as a result of an infection often means eventual amputation. Gangrene of the toes and foot as a result of an infection often means eventual amputation.
Localization of a Peptide The peptide is revealed by means of immunocytochemistry. The photomicrogra Localization of a Peptide The peptide is revealed by means of immunocytochemistry. The photomicrogra
“Career choice” for many women means leaving their paid jobs for a number of years when they ... “Career choice” for many women means leaving their paid jobs for a number of years when they ...
The Means and Extremes of a Proportion The Means and Extremes of a Proportion
Video: Wound Repair Animation

For a complete list of videos, visit our video library