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If a good is a Giffen good, then
Marginal Benefit
The extra pleasure or benefit derived from consuming an additional unit of a product or service.
Marginal Cost
The cost of producing one additional unit of a product.
Society's Well-Being
A condition where the general population experiences a high level of health, happiness, and prosperity.
Marginal Benefit
The additional benefit arising from a unit increase in a particular activity.
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