A student has a D grade average in her accounting course and a B grade average in her economics course.She decides to study an extra hour for her accounting exam and one less hour for her economics exam,hoping to improve her accounting grade while not hurting her economics grade.This is an example of
A) thinking at the margin.
B) using assumptions to simplify.
C) ceteris paribus.
D) caveat emptor.

Question

Quizplus · Accepted Answer

The student is making a marginal decision by studying an extra hour for accounting and reducing an hour of study time for economics, hoping to improve her accounting grade without harming her economics grade. She is weighing the advantages and disadvantages of the marginal benefits and costs of each decision.

A Student Has a D Grade Average in Her Accounting