Multiple Choice
The principle of decreasing marginal benefit implies that the
A) additional benefit from obtaining one more unit of a good or service decreases as more of that good or service is consumed.
B) additional benefit from obtaining one more unit of a good or service increases as more of that good or service is consumed.
C) total benefit from obtaining more of a good or service decreases as more is consumed.
D) total benefit from obtaining more of a good or service remains the same as more is consumed.
E) additional benefit from producing one more unit of a good or service decreases as more of that good or service is produced.
Correct Answer:

Verified
Correct Answer:
Verified
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