Ask your own question, for FREE!
Economics - Financial Markets 23 Online
OpenStudy (agentjamesbond007):

Please define what a marginal benefit is

OpenStudy (anonymous):

The additional satisfaction or utility that a person receives from consuming an additional unit of a good or service. A person’s marginal benefit is the maximum amount they are willing to pay to consume that additional unit of a good or service. In a normal situation, the marginal benefit will decrease as consumption increases. Read more: http://www.investopedia.com/terms/m/marginalbenefit.asp#ixzz1m8NU2czd

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Latest Questions
gelphielvr: Where are the different types of valance electrons located on the periodic table?
10 hours ago 3 Replies 3 Medals
Twaylor: It's my birthday :D 16 Years - What have I done? No idea how to start this so Iu2019ll just start by typing how I think.
58 minutes ago 100 Replies 7 Medals
Twaylor: It's my birthday :D
15 hours ago 0 Replies 0 Medals
breiadabrattz: I thought C on this..
1 day ago 39 Replies 2 Medals
breiadabrattz: I really don't understand this .
1 day ago 14 Replies 0 Medals
breiadabrattzz: Which from the following underlined text is the most effective way to introduce t
1 day ago 32 Replies 1 Medal
gelphielvr: How can I better memorize phrases in a different language?
1 day ago 5 Replies 0 Medals
toga: is it possble to skip a grade in 11th if even the ap classes you have are easy an
1 day ago 1 Reply 0 Medals
Breathless: Breathless Gang (join the cult)
1 day ago 1 Reply 0 Medals
gelphielvr: What did all 3 Prez have in common (in relation to the great depression / 1920s)
1 day ago 2 Replies 0 Medals
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!