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Author Question: Which of the following is an example of an organization using marginal analysis? a. A hotel manager ... (Read 41 times)

frankwu

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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.


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gasdhashg

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

c

Answer to Question 2

a


frankwu

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

LVPMS

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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