Teresa eats three oranges during a particular day. The marginal benefit she enjoys from eating the third orange
a. can be thought of as the total benefit Teresa enjoys by eating three oranges minus the total benefit she would have enjoyed by eating just the first two oranges.
b. determines Teresa's willingness to pay for the first, second, and third oranges.
c. does not depend on how many oranges Teresa has already eaten.
d. All of the above are correct.
Answer: A
Macroeconomics
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