Which of the following statements best expresses the law of diminishing marginal benefit?
A. The marginal benefit of the product increases as less of the product is consumed.
B. The marginal benefit of a product decreases as less of the product is consumed.
C. The total benefit from the product decreases as more of the product is consumed.
D. The marginal benefit from a product increases as more of the product is consumed.
Answer: A
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