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Tommy Morris
on Oct 27, 2024

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Which decision is the BEST example of making a choice at the margin?

A) buying a new car
B) quitting your job
C) drinking another cup of coffee
D) attending college

Margin Decision

A determination made by comparing the additional costs against the additional benefits of an action.

Drinking Coffee

The act of consuming a beverage made from ground and brewed coffee beans.

  • Learn the core principles of marginal analysis and their application in regular choices.
  • Gain an appreciation for the value of marginal decisions in the management of resources and time.
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Rylie RundellNov 01, 2024
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