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A bus that is half-empty can take on more passengers with zero or very little extra cost perhaps just a few cents more for wear and tear and the cost of gas (remember gas is "benzin" in US English)

A bus that is half-empty can take on more passengers with zero or very little extra cost perhaps just a few cents more for wear and tear and the cost of gas (remember gas is "benzin" in US English) to carry an extra 75kgs. Economists would say

   

the marginal benefit of an additional passenger is nearly zero.

   

Both the marginal cost and the marginal benefit of an additional passenger is nearly zero.

   

the marginal benefit of an additional passenger is likely to be greater than the marginal cost of an additional passenger.

   

Both the marginal benefit and the marginal cost of an additional passenger are high.

   

the marginal cost of an additional passenger is nearly zero.

Jun 10 2021 View more View Less

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