How does the marginal benefit from a good change as the quantity produced of that good increases?

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Microeconomics

ISBN: 978-0133019940

11th edition

Authors: Michael Parkin

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Question Posted: Dec 15, 2015 06:53 AM

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How does the marginal benefit from a good change as the quantity produced of that good increases?

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As the more of a good is consumed the marginal benefit received from each unit is smaller tha...View the full answer

Microeconomics

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