The Principle of Decreasing Marginal Benefit Means That as the Quantity

question 230

Multiple Choice

The principle of decreasing marginal benefit means that as the quantity of a good consumed

• A) decreases, its marginal benefit decreases.
• B) increases, its marginal benefit decreases.
• C) increases, its total benefit decreases.
• D) None of the above answers is correct.

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Definitions:

Cleft Lip

A congenital deformity marked by a split or gap in the upper lip, which can occur on one or both sides and may extend up into the nose.

Maxillary Processes

Primordial structures in the embryo which contribute to the formation of the upper jaw (maxilla).

Urinary Bladder

A hollow muscular organ that stores urine before it is excreted from the body.

Endoderm

The innermost layer of the early embryo, which gives rise to the lining of the digestive and respiratory systems, among other structures.