Author Question: Explain the concept of marginalism as it is used in economics. What will be an ideal ... (Read 63 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
Explain the concept of marginalism as it is used in economics.
 
  What will be an ideal response?

Question 2

From the nineteenth century until the 1930s, the United states most consistently adhered to
 
  A) the Bretton Woods system. B) a managed-float exchange rate system.
  C) a freely-floating exchange rate. D) the gold standard.



joneynes

  • Sr. Member
  • ****
  • Posts: 376
Answer to Question 1

The process of analyzing the additional or incremental costs or benefits arising from a choice or decision.

Answer to Question 2

D



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

For a complete list of videos, visit our video library