Economists use the term "marginal" to describe costs and benefits
A) that are minimal and hardly worth noting.
B) that are incremental and thus relevant to decision making.
C) that are noteworthy but not the most important.
D) whose importance can be minimized through hard work.
E) none of the above.
Correct Answer:
Verified
Q1: Charging higher prices for one category of
Q2: Self-insurance refers to: the practice of setting
Q3: Which of the following is not a
Q4: Opportunity cost is a measure of
A) foregone
Q6: According to recent public opinion polls, what
Q7: The opportunity cost of investing in a
Q8: According to economic theory what is the
Q9: Which of the following statements is based
Q10: The 1974 federal legislation that exempted employers
Q11: The "invisible hand" using Adam Smith's terminology
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents