« previous next »

Author Question: Explain the concept of marginalism as it is used in economics. What will be an ideal ... (Read 92 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Jun 29, 2018
Explain the concept of marginalism as it is used in economics.
 
  What will be an ideal response?

Question 2

From the nineteenth century until the 1930s, the United states most consistently adhered to
 
  A) the Bretton Woods system. B) a managed-float exchange rate system.
  C) a freely-floating exchange rate. D) the gold standard.


joneynes

  • Sr. Member
  • ****
  • Posts: 376
Reply #1 on: Jun 29, 2018
Answer to Question 1

The process of analyzing the additional or incremental costs or benefits arising from a choice or decision.

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Stroke kills people from all ethnic backgrounds, but the people at highest risk for fatal strokes are: black men, black women, Asian men, white men, and white women.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

The Concept of Water Balance The Concept of Water Balance
Biology Concept Framework Biology Concept Framework
Economics question Economics question
Economics question Economics question
Economics question Economics question
Illustration of the concept of overlapping genes Illustration of the concept of overlapping genes
Video: X chromosome inactivation in calico cats

For a complete list of videos, visit our video library