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blsea [12.9K]
3 years ago
14

12. In which situation would the marginal benefit of a

Social Studies
1 answer:
galina1969 [7]3 years ago
7 0

The correct answer would be option C, The person is starving in the wilderness.

In the above mentioned situation, the marginal benefit of a cheeseburger to a person is higher than the marginal benefit of a solid gold brick.

Explanation:

When a person is willingly ready to pay extra for some good or service, it called as a marginal benefit of that good or service. The marginal benefit also provides the additional satisfaction and fulfillment when the good or service is purchased.

So keeping in mind the current situation, if a person is starving in the wilderness, and all he wants is something to eat, then in this case he would willingly be ready to pay extra to get the cheeseburger, rather than buying a gold brick at this point of time. His starvation will make him take this decision and here the marginal benefit of a cheese burger will be higher than the marginal benefit of a solid gold bar.

Learn more about Marginal benefits at:

brainly.com/question/2508491

brainly.com/question/11937697

#LearnWithBrainly

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