Marginal Benefit Is Equal to the ________ Benefit a Consumer

question 109

Multiple Choice

Marginal benefit is equal to the ________ benefit a consumer receives from consuming one more unit of a good or service.

• A)total
• B)unintended
• C)additional
• D)surplus

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Definitions:

Market Share

Refers to the portion of a market controlled by a particular company, product, or brand.

Smartphones

Portable electronic devices that combine mobile communication and computing functions.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including transportation and communication systems, utilities, and public institutions.

Technological Resources

Tools and systems that utilize technology to support various activities, including information access, communication, and operational efficiency.