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 122 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
Thanks for the timely response, appreciate it

ktidd

  • Member
  • Posts: 319
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

One way to reduce acid reflux is to lose two or three pounds. Most people lose weight in the belly area first when they increase exercise, meaning that heartburn can be reduced quickly by this method.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Levels of Processing Affects Long-Term but not Short-Term Memory Levels of Processing Affects Long-Term but not Short-Term Memory
The transition from college to first job can be a triggering situation for new growth in meaning ... The transition from college to first job can be a triggering situation for new growth in meaning ...
Fossil fuel emissions and climate change Fossil fuel emissions and climate change
Recent Climate Change Recent Climate Change
Explain how it can be desirable from an intertemporal perspective for a country run a current ... Explain how it can be desirable from an intertemporal perspective for a country run a current ...
Economics question Economics question
Video: Neural regulation of blood pressure - baroreceptor and chemoreceptor reflexes

For a complete list of videos, visit our video library