Which of the Following Is TRUE Regarding Marginal Benefit? I)

question 203

Multiple Choice

Which of the following is TRUE regarding marginal benefit? I) The marginal benefit curve shows the benefit firms receive by producing another unit of a good.
II) Marginal benefit increases as more of a good is consumed.

• A) I and II
• B) I only
• C) II only
• D) neither I nor II

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