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Marginal Benefit from a Good or Service Is the Benefit

Question 87

Multiple Choice

Marginal benefit from a good or service is the benefit received from consuming _______ .It is measured by the most that people are willing to pay for _______ .


A) one more unit of it; more of it
B) goods that you prefer; more of it
C) goods that you prefer; an additional unit of it
D) as much as is available; the total amount consumed
E) one more unit of it; an additional unit of it

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