QuestionJune 1, 2025

The general pattern that consumption of the first few units of any good tends to bring a higher level of __ to a person than consumption of later units is a common pattern. A utility B marginal benefit C opportunity cost D sunk costs

The general pattern that consumption of the first few units of any good tends to bring a higher level of __ to a person than consumption of later units is a common pattern. A utility B marginal benefit C opportunity cost D sunk costs
The general pattern that consumption of the first few units of any good tends to bring a higher level of __ to a person than consumption of later units is a common pattern. A utility B marginal benefit C opportunity cost D sunk costs

Solution
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Answer

(B) marginal benefit Explanation 1. Identify the Economic Concept The pattern described is related to the concept of diminishing returns, where initial units provide more satisfaction or benefit than later ones. 2. Match with Options This aligns with the concept of **marginal benefit**, which decreases as more units are consumed.

Explanation

1. Identify the Economic Concept<br /> The pattern described is related to the concept of diminishing returns, where initial units provide more satisfaction or benefit than later ones.<br /><br />2. Match with Options<br /> This aligns with the concept of **marginal benefit**, which decreases as more units are consumed.
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