<span>Consumers are willing to purchase a product up to the point where the marginal benefit of consuming a product is equal to its price.
</span>The term marginal benefit denotes the<span> benefit to a consumer receives from consuming one more unit of a good or service.
</span><span>On the other hand, marginal cost is the additional cost to a firm of producing one more unit of a good or service.</span>
Answer:
E. Allows savers to spread their money among many financial investments.
C. Provides an easy method of exchanging a financial security for money.
D. Collects and communicates information about borrowers to savers
Explanation:
The financial system provides several key services to both borrowers of funds as well as the lenders of funds apart from transfering excess funds from lenders/households to the firms in need of those funds (borrowers). These include-
The facility of allowing savers or lenders to invest their funds among many different financial investments instead of just one.
It provides information about the borrower to the lender.
A financial security can be easily exchanged in terms of money by these financial institutions in favour of the customer.
Therefore, E, C and D are correct
