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    Exam 5: The Demand Curve and the Behavior of Consumers
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    The Change in Total Benefit as Measured by Willingness to Pay
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The Change in Total Benefit as Measured by Willingness to Pay

Question 122

Question 122

Multiple Choice

The change in total benefit as measured by willingness to pay for one more unit of a good is called


A) marginal benefit.
B) marginal cost.
C) marginal utility.
D) total utility.
E) product price.

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