This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: In economics, the term marginal refers to: a. the change or difference from a current situation. ... (Read 41 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
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


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Brenm

  • Sr. Member
  • ****
  • Posts: 359
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

amandalm

  • Member
  • Posts: 306
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The shortest mature adult human of whom there is independent evidence was Gul Mohammed in India. In 1990, he was measured in New Delhi and stood 22.5 inches tall.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

The difference between AZT-sensitive versus AZT-resistant reverse transcriptases The difference between AZT-sensitive versus AZT-resistant reverse transcriptases
Sleep Requirements Change with Age Sleep Requirements Change with Age
Example of Index entry with Main Term and indented subterms. Example of Index entry with Main Term and indented subterms.
Average Hourly Earnings of U.S. Workers in Current and Constant Dollars Average Hourly Earnings of U.S. Workers in Current and Constant Dollars
Economics Today: The Micro View, 19th Edition Economics Today: The Micro View, 19th Edition
Ferrante, Chapter 11, Economics & Politics Ferrante, Chapter 11, Economics & Politics
Video: Oogenesis Animation

For a complete list of videos, visit our video library