Information can be thought of as a
A) non-economic piece of data.
B) violation of the invisible hand idea that the pursuit of self-interest promotes social interest.
C) good whose marginal benefit is infinite.
D) good whose marginal benefit decreases as more information is acquired.

Question

Quizplus · Accepted Answer

As more information is acquired, the additional benefit or value derived from each new piece of information typically decreases, reflecting the principle of diminishing marginal returns.

Information Can Be Thought of as a