The benefit of a one-unit increase in an activity
A)is always greater than the opportunity cost of that activity.
B)is called rational-choice benefit.
C)is called marginal cost.
D)decreases as you do more of it.
E)is measured by what you must give up.

Question

Quizplus · Accepted Answer

As you do more of an activity, the benefit of an additional unit typically decreases due to the law of diminishing marginal returns.

The Benefit of a One-Unit Increase in an Activity