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31 July, 15:20

What happens to Marginal Benefit as you consume more

units?

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  1. 31 July, 18:00
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    As units are consumed, the consumer often receives less utility or satisfaction from consumption ... This is because the benefit decreases as the quantity consumed increases. Marginal benefits are the maximum amount a consumer will pay for an additional good or service. Jun 2, 2019

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