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Author Question: In economics, the term marginal refers to: a. the change or difference from a current situation. ... (Read 109 times)

Pineappleeh

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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


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Brenm

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Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Pineappleeh

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Reply 2 on: Jun 30, 2018
Excellent

samiel-sayed

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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