We Assume the Marginal Benefit of Consumption ________ as We

question 73

Multiple Choice

We assume the marginal benefit of consumption ________ as we consume fewer units of a good.

• A) remains constant
• B) increases
• C) decreases
• D) could either increase or decrease

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Definitions:

Decision-Making Skills

Abilities relating to the process of making choices by identifying, assessing, and selecting among several alternatives based on reasoning and judgment.

Self-Determination

The right or ability of individuals and communities to make their own choices and decisions, free from external compulsion.

Internet Source

An original reference, document, or item of information that is available online on the internet.

Making Judgments

The process of forming opinions, conclusions, or decisions based on the assessment of information, evidence, or circumstances.