Question

What ia Marginal benefit

Answer 1

In economics, utility is the satisfaction or benefit derived by consuming a product; thus the marginal utility of a good or service is the change in the utility from an increase in the consumption of that good or service.

Step-by-step explanation:

Answer 2

Marginal benefit is the incremental increase in the benefit to a consumer caused by the consumption of one additional unit of a good or service.

For example, a consumer is willing to pay $5 for an ice cream, so the marginal benefit of consuming the ice cream is $5.

hope this help!