Asked by
Tamara Custer
on Dec 05, 2024Verified
Which of the following questions would NOT involve marginal analysis:
A) How many minutes should I exercise?.
B) How many workers should I hire?.
C) What is an acceptable rate of negative side effects from a new medicine?.
D) Should I attend college?
Marginal Analysis
An examination of the benefits and costs of increasing or decreasing a unit of production or consumption.
- Become familiar with the basis of marginal analysis and how it influences daily choices.
Verified Answer
PS
Learning Objectives
- Become familiar with the basis of marginal analysis and how it influences daily choices.