23
QuizMultiple Choice

Making Spending Decisions

Question 23 • ***CPS Online Personal Finance fall – 3-2027

What helps a consumer determine the quantity of something to buy?

Answer
A
marginal cost
B
marginal error
C
marginal benefit
D
marginal comparison

Explanation

A consumer can use marginal benefit—the added satisfaction from one more unit—to decide how much to buy. They typically buy additional units as long as the marginal benefit is at least as great as the marginal cost, stopping when the two are equal. The correct choice is marginal benefit.

AI-written and checked against the verified answer.

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