Marginal Benefit

question 110

Multiple Choice

Marginal benefit:

• A)is the subsidiary benefit from an activity;for example,the main benefit from weight training is an increase in muscle mass,and the subsidiary or marginal benefit might be a reduction in cholesterol.
• B)is the addition to total benefit due to undertaking one more unit of an activity.
• C)must be increasing if total benefit is increasing.
• D)normally increases as more of an activity is undertaken.

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Definitions:

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Legislation aimed at changing the operation of the welfare system, typically to reduce dependency on government assistance by encouraging employment and self-sufficiency.

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The provision of help or support, typically given by individuals or organizations to those in need.

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A system in which rewards are distributed based on merit.

Stratification

The division of society into levels, classes, or categories based on factors like wealth, power, prestige, or other resources.