140k views
1 vote
Marginal benefit is the benefit that your activity provides to someone else.

a. True
b. False

User Trejder
by
8.7k points

1 Answer

3 votes
Marginal benefit is the extra satisfaction or recieved when one consumes an addition unit of a good or a service. Therefore the amount a person or an individual is willing to pay so as to enjoy the additional unit of a good or a service is the person's marginal benefit. Therefore, marginal benefit is not the benefit a person's activity provides another person.
User Nicholas Porter
by
8.3k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.