What is the difference between marginal values and average values?
a. marginal values show the benefit or cost from consuming one unit of a good, while average values are the benefit or cost from consuming all units of a good.
b. marginal values show the additional benefit or cost from consuming an additional unit of a good, while average values are the benefit or cost per unit of a good.
c. marginal values show the ordinal benefit or cost from consuming an additional unit of a good, while average values are the cardinal benefit or cost from consuming an additional unit of a good.
d. marginal values show the benefit from consuming an additional unit of a good, while average values are the cost from consuming an additional unit of a good.
e. marginal values show the total benefit or cost from consuming a good, while average values are the total benefit or cost from consuming a good divided by the amount of the good consumed?
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