The Principle of Decreasing Marginal Benefit Indicates That as the Consumption

Multiple Choice

The principle of decreasing marginal benefit indicates that as the consumption of magazines increases, a person

A) is willing to forego more of other goods or services to acquire another magazine.
B) willing to pay less for another magazine.
C) obtains less satisfaction than if he or she had fewer magazines.
D) is willing to pay increasingly more for another magazine.