When economic choice involves an adjustment to an existing ...

[jayhills49]

When economic choice involves an adjustment to an existing situation, marginal analysis
 a. has no practical applications or real-world uses
  b. eliminates incorrect decisions and bad choices
  c. involves comparing the additional costs and additional benefits of an activity before deciding
  d. involves examining only the total costs and total benefits of an activity before deciding
  e. none of the above

Question 2

Economic decision makers will continue to acquire information only as long as the expected additional benefit exceeds the expected additional cost of the information.
 a. True
  b. False

[chinwesucks]

Answer to Question 1

C

Answer to Question 2

A

[jayhills49]

YES! Correct, THANKS for helping me on my review

[nanny]

Thanks for the timely response, appreciate it