The amount that people are willing to pay for each additional unit of a product or service is the ____________

Question

The amount that people are willing to pay for each additional unit of a product or service is the _____________?
A.
Opportunity cost
B.
Marginal benefit
C.
Marginal cost
D.
Investment opportunity
 

Please select the best answer from the choices provided

A
B
C
D

GPT-5 mini · Answer

B. Marginal benefit

Marginal benefit is the additional benefit (or the amount someone is willing to pay) for one more unit of a good or service.

The amount that people are willing to pay for each additional unit of a product or service is the _____________?
A.
Opportunity cost
B.
Marginal benefit
C.
Marginal cost
D.
Investment opportunity

Please select the best answer from the choices provided

A
B
C
D

All Answers 1

Submit Your Answer

The amount that people are willing to pay for each additional unit of a product or service is the _____________? A. Opportunity cost B. Marginal benefit C. Marginal cost D. Investment opportunity Please select the best answer from the choices provided A B C D

All Answers 1

Submit Your Answer

The amount that people are willing to pay for each additional unit of a product or service is the _____________?
A.
Opportunity cost
B.
Marginal benefit
C.
Marginal cost
D.
Investment opportunity

Please select the best answer from the choices provided

A
B
C
D