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AP® Microeconomics

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Moderate

Marginal Analysis: Marginal Costs and Benefits of Studying

APMICR-1LRAI2

Which of the following is a true statement regarding marginal costs and benefits of studying?

A

Marginal benefits increase as students study for tests because their grades increase.

B

Marginal costs fall as students study for tests because their grades increase.

C

Marginal benefits of studying decrease because students have to give up progressively more valuable alternatives uses of their time.

D

Marginal costs of studying increase because incremental increases in grades decrease after a certain point.

E

Marginal costs of studying increase because students initially give up their least valuable alternative uses of time .