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What is the economic term that describes the increased benefit or satisfaction you will enjoy as a result of consuming one more of something?
The economic term that describes the increased benefit or satisfaction we the peopleÊwill enjoy as a result of consuming more than one of something is called as marginal benefit. It gives the extra benefit gained in the consumption of one more unit and works better than calculating the average benefit, in this case.
What is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more something?
Marginal Benefit is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something.
What is economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something?
Marginal Benefit is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something.
What is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one or more of something?
Marginal Benefit is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something.
What is the economic term that describe the increased benefit or satisfaction we will enjoy as a result of consuming one or more of something?
Marginal Benefit is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something.
What is the economics term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something?
Marginal Benefit is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something.
What is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more or something?
Marginal Benefit is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something.
What best explains the term marginal benefit?
The benefit associated with acquiring one additional item
What is the relationship between the marginal benefit of consuming a good and the overall satisfaction or utility derived from that consumption?
The relationship between the marginal benefit of consuming a good and the overall satisfaction or utility derived from that consumption is that as you consume more of a good, the marginal benefit decreases while the overall satisfaction or utility increases at a decreasing rate. This is known as the law of diminishing marginal utility.
What specific need or benefit will your product or service address?
The specific need or benefit my product or service can address to my costumer are satisfaction and contentment.
What is the economic term that describes the increased benefits or satisfaction we will enjoy as a result of consuming one more of something?
Marginal Benefit is the economic term that describes the increased benefit or satisfaction we will enjoy as a result of consuming one more of something.
What occurs when a follower receives the benefit of an expenditure made by a leader by imitating the leader's behavior?
free-rider problem
