Author Question: In economics, the term marginal refers to: a. the change or difference from a current situation. ... (Read 126 times)

Pineappleeh · **on:** Jun 30, 2018

In economics, the term marginal refers to:
a. the change or difference from a current situation.
b. man-made resources as opposed to natural resources.
c. the satisfaction a consumer receives from a good.
d. holding everything else constant in the analysis.

Question 2

Which word best completes the following sentence? A rational decision maker always chooses the option for which marginal benefit is __________ marginal cost.
a. less than
b. equal to
c. unrelated to
d. more than