The Principle of Decreasing Marginal Benefit Implies That the

question 77

Multiple Choice

The principle of decreasing marginal benefit implies that the

• A)additional benefit from obtaining one more unit of a good or service increases as more of that good or service is consumed.
• B)total benefit from obtaining more of a good or service decreases as more is consumed.
• C)additional benefit from producing one more unit of a good or service decreases as more of that good or service is produced.
• D)total benefit from obtaining more of a good or service remains the same as more is consumed.
• E)additional benefit from obtaining one more unit of a good or service decreases as more of that good or service is consumed.

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