Business

26 July, 11:21

Marginal benefit:

a. Is the subsidiary benefit from an activity; for example, the main benefit from weight training is an increase in muscle mass, and the subsidiary or marginal benefit might be a reduction in cholesterol.

b. Normally increases as more of an activity is undertaken.

c. Is the addition to total benefit due to undertaking one more unit of an activity.

d. Must be increasing if total benefit is increasing.

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