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

Author Question: When economic choice involves an adjustment to an existing situation, marginal analysis a. has no ... (Read 57 times)

jayhills49

  • Hero Member
  • *****
  • Posts: 559
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



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chinwesucks

  • Sr. Member
  • ****
  • Posts: 341
Answer to Question 1

C

Answer to Question 2

A




jayhills49

  • Member
  • Posts: 559
Reply 2 on: Jul 1, 2018
Thanks for the timely response, appreciate it


kalskdjl1212

  • Member
  • Posts: 353
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Eating carrots will improve your eyesight. Carrots are high in vitamin A (retinol), which is essential for good vision. It can also be found in milk, cheese, egg yolks, and liver.

Did you know?

The cure for trichomoniasis is easy as long as the patient does not drink alcoholic beverages for 24 hours. Just a single dose of medication is needed to rid the body of the disease. However, without proper precautions, an individual may contract the disease repeatedly. In fact, most people develop trichomoniasis again within three months of their last treatment.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library