The concept of diminishing marginal benefits means that?
a. each additional unit consumed is...
Business, 18.09.2019 00:30 naomijamieson88
The concept of diminishing marginal benefits means that?
a. each additional unit consumed is worth less to you than the previous one.
b. the more of a good that you? consume, the lower is your overall benefit from that good.
c. as you consume more of a? good, your willingness to pay for that good increases faster than the benefit you receive.
d. each additional unit consumed is worth more to you than the previous? one, but the additional benefit grows at a diminishing rate.
Answers: 1
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