Marginal Benefit

question 307

Multiple Choice

Marginal benefit

• A) increases as more of a good is consumed.
• B) decreases as more of a good is consumed.
• C) is the total benefit from all units consumed.
• D) is constant as more of a good is consumed.
• E) is the gain to the producer of producing and selling one more unit of a good.

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Definitions:

Extraembryonic Membrane

A set of tissues outside the embryo that provide support and nourishment in the early stages of development.

Shock Absorber

A mechanical device designed to smooth out or dampen shock impulse, and absorb kinetic energy.

Dizygotic Twins

Twins that arise from the separate fertilization of two eggs; commonly known as fraternal twins. Compare with monozygotic twins.

Fraternal Twins

Twins that develop from two different eggs fertilized by two different sperm, resulting in siblings that are genetically distinct.