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The table sets out the marginal benefits that Sam and Nick receive from the town's street lightin What is the principle of diminishing marginal benefit?
The table sets out the marginal benefits that Sam and Nick receive from the town's street lightin What is the principle of diminishing marginal benefit? Which marginal benefit diminishes fastest: Sam's, Nick's, or the society's? The principle of diminishing marginal benefit tells us that A. the more we have of any good, the smaller is its marginal benefit O B. the less we have of any good, the smaller is its marginal benefit O C. the more firms that sell a good, the smaller is the marginal benefit to consumers O D. the more people that own a single unit of a good, the smaller is each person's marginal benefit Of Nick, Sam, or society, marginal benefit decreases fastest for O A. Sam O B. society O C. Nick
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