Author Question: Which of the following is an example of an organization using marginal analysis? a. A hotel manager ... (Read 46 times)

frankwu · **on:** Jun 30, 2018

Which of the following is an example of an organization using marginal analysis?
a. A hotel manager calculating the average cost per guest for the past year.
b. A farmer hoping for rain.
c. A government official considering what effect an increase in military goods production will have on the production of consumer goods.
d. A business calculating economic profits.

Question 2

Which word or phrase best completes the following sentence? Marginal analysis means evaluating _________ changes from a current situation.
a. positive or negative.
b. infinite.
c. alternating.
d. maximum.