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Spike is willing to pay \$20 for his first box of Oreos.
Spike is willing to pay \$10 for his second box of Oreos.
Spike is willing to pay \$5 for his third box of Oreos.
Spike is willing to pay \$1 for his fourth box of Oreos.

When the price of Oreos is \$5, then 3 is...

A

The marginal value of a box of Oreos.

B

The marginal cost of a box of Oreos.

C

The demand for boxes of Oreos.

D

The quantity demanded of boxes of Oreos.

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