A marginal benefit is a maximum amount a consumer is willing to pay for an additional good or service. ... The marginal benefit for a consumer tends to decrease as consumption of the good or service increases. In the business world, the marginal benefit for producers is often referred to as marginal revenue.
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions. Among the choices above the one that BEST identifies the above project plan step is C which is project definition.