Decisions made "at the margin" require
A)comparing the benefits and costs of the next, or incremental, of consuming a good or service
B)comparing the total benefits and costs of a consuming a good
C)comparing the total benefits and the net costs of consuming a good
D)comparing the net benefits and total costs of consuming a good

Question

Quizplus · Accepted Answer

Decisions made "at the margin" involve considering the costs and benefits of the next increment of consuming a good or service, rather than the total costs and benefits. Therefore, choice A is the correct answer.

Decisions Made "At the Margin" Require