The marginal benefit Claire gets from purchasing a third pair of flip-flops is a) the same as the total benefit of purchasing three pairs of flip-flops. b) more than the marginal cost of purchasing the third pair of flip-flops. c) the total benefit Claire gets from purchasing three pairs of flip-flops minus the total benefit she gets from purchasing two pairs of flip-flops. d) the total benefit Claire gets from purchasing four pairs of flip-flops minus the total benefit she gets from purchasing three pairs of flip-flops.
The marginal benefit Claire gets from purchasing a third pair of flip-flops is a) the same as the total benefit of purchasing three pairs of flip-flops. b) more than the marginal cost of purchasing the third pair of flip-flops. c) the total benefit Claire gets from purchasing three pairs of flip-flops minus the total benefit she gets from purchasing two pairs of flip-flops. d) the total benefit Claire gets from purchasing four pairs of flip-flops minus the total benefit she gets from purchasing three pairs of flip-flops.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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The marginal benefit Claire gets from purchasing a third pair of flip-flops is
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