-From 0 to 5.0 units of Good X consumed, net benefit is:
A) increasing.
B) decreasing.
C) increasing and then decreasing.
D) decreasing and then increasing.

Name: -From 0 to 5.0 units of Good X consumed, net benefit is: A) increasing. B) decreasing. C) increasing and then decreasing. D) decreasing and then increasing.
Brand: Quizplus
Rating: 4.9 (49 reviews)

Question

-From 0 to 5.0 units of Good X consumed, net benefit is:
A) increasing. 
B) decreasing. 
C) increasing and then decreasing. 
D) decreasing and then increasing.

Quizplus · Accepted Answer

Net benefit is increasing from 0 to 5.0 units of Good X consumed because the total benefit is likely increasing at a faster rate than the total cost, leading to a higher net benefit.