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Author Question: In economics, the term marginal refers to: a. the change or difference from a current situation. ... (Read 124 times)

Pineappleeh

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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



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Brenm

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Answer to Question 1

a

Answer to Question 2

d




Pineappleeh

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Reply 2 on: Jun 30, 2018
Gracias!


bitingbit

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

 

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