Tamara notices that studying for one hour after class increases her statistics grade by 16 points. The second hour yields a 9-point gain, the third hour yields a 4-point gain, and the fourth hour yields only a 1-point gain. This means that the marginal _____ of studying decreases with study hours.
A) cost
B) benefit
C) opportunity cost
D) time
Correct Answer:
Verified
Q155: If ramen noodles are an inferior good,
Q156: Avery goes to the local supermarket to
Q157: Spaghetti and salad are related. If the
Q158: Suppose oranges and clementines are substitutes. Holding
Q159: If ramen noodles are an inferior good
Q160: Suppose that the price of rare earth
Q162: When the marginal benefit of an activity
Q163: You find that the marginal benefit of
Q164: How would each of the listed events
Q165: In these cases, explain what happens to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents