Question

How does marginal benefit impact consumers' choices? A. It decreases their interest in comparing goods and services. B. It increases their willingness to pay for one more unit of a good. C. It decreases their interest in consuming goods from a manufacturer. D. It increases their willingness to improve production of a good.

Answer 1

B. It increases their willingness to pay for one more unit of a good.

Answer 2

The correct answer is A. Marginal benefit impacts consumers' choices as it decreases their interest in comparing goods and services.

Step-by-step explanation:

In business administration, the marginal benefit indicates the profit that can be expected for an additional unit of a product produced.

Knowledge of the marginal benefit is important in order to be able to carry out a product calculation. The examination of the facts can provide information on how many units of a product have to be sold in order to reach the break-even point. Marginal benefit can also play an important role in the arithmetical calculation of a company's output and price.