The Phrase "Decreasing Marginal Benefit" Means That

Multiple Choice

The phrase "decreasing marginal benefit" means that

A) the more you consume of the product, the less total benefit you derive.
B) the marginal cost will be increasing as you consume more of a good.
C) each additional unit of a good you consume gives you less additional benefit than the previous unit.
D) Both answers A and B are correct.
E) Both answers A and C are correct.