give an example of some activity that would have zero marginal benefits

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Expert Solution

Suppose you love Harry Potter series and your Mom purchases you the complete series, that moment you will have positive marginal benefit. But you friend gifts you same series on your birthday which you already have, the extra set of series will not buy you more marginal benefit hence, your marginal benefit with additional set of Harry Potter will be Zero.
Now, you plan to watch a movie with your friends and the movie is really good with great suspense and amazing climax. You loved the movie and your marginal benefit is very high. But the next day your sister asks you to watch the same movie, watching the same movie will give you 'zero' marginal benefit because you know all the important scenes and know the climax already.
A single guy with no friende will have Zero marginal benefit if he wins a free couple pass to an amusement park because he can not extract any benefit from that additional ticket.
The list is endless, any situation where you stop getting any pleasure from the additional unit of a good is the point where your marginal benfit becomes Zero.

Rahul Sunny answered 1 year ago

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