Multiple Choice
Marginal benefit is the
A) change in total expenditures as a result of buying one more unit of a good.
B) maximum amount a consumer is willing to pay for one more unit of a good.
C) change in total utility that results from consuming one more unit of a good.
D) same as total benefit.
E) price of a good.
Correct Answer:
Verified
Correct Answer:
Verified
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