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The extra benefit on one more unit of a good or service is its:
Erikson
A psychologist known for his theory on the psychosocial stages of human development, emphasizing the impact of social experience across the lifespan.
Delay of Gratification
The capacity to resist the temptation for an immediate reward and wait for a later, often larger or more enduring reward.
Immediate Rewards
Benefits received right after completing an action, which often increase the likelihood of repeating the behavior.
Longer-term Goals
Objectives and outcomes that are planned to be achieved over an extended period, typically beyond a year.
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