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The Marginal Benefit from Buying a Particular Unit of a Good

Question 298

Multiple Choice

The marginal benefit from buying a particular unit of a good


A) is the amount paid for the unit plus the consumer surplus of the unit.
B) increases as market price increases.
C) is the difference between the amount paid for the unit and the market price of the unit.
D) is the difference between the total benefit of the unit and the marginal cost of producing that unit.
E) None of the above answers is correct.

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