The Reason the Marginal Benefit of Information Curve Is Downward

question 37

Multiple Choice

The reason the marginal benefit of information curve is downward sloping is because

• A)some information is useless.
• B)most information is useless.
• C)information is subject to the law of diminishing marginal returns.
• D)there is only so much to learn about a product.

---

Definitions:

Independent

Not influenced by or contingent upon something else; autonomous or having the freedom to act separately.

Standard Deviations

A calculation that shows how broadly or tightly a set of values is distributed.

Independent

Not influenced or controlled by others in matters of opinion, conduct, or other actions; free from external control.

Standard Deviations

Refers to the distance of a value from the mean in a dataset, indicating the variability within the data.