This topic contains a solution. Click here to go to the answer

Author Question: In economics, the term marginal refers to: a. the change or difference from a current situation. ... (Read 103 times)

Pineappleeh

  • Hero Member
  • *****
  • Posts: 585
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
Answer to Question 1

a

Answer to Question 2

d




Pineappleeh

  • Member
  • Posts: 585
Reply 2 on: Jun 30, 2018
:D TYSM


Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

 

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.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...

For a complete list of videos, visit our video library