Which word or phrase best completes the following sentence? Marginal analysis means evaluating _________ changes from a current situation.

Question

Which word or phrase best completes the following sentence? Marginal analysis means evaluating _________ changes from a current situation. ​

Quizplus · Accepted Answer

Marginal analysis involves looking at the effects of small changes, both positive and negative, from a current situation. Option B is incorrect as it suggests an unlimited scope for analysis, whereas marginal analysis only looks at small increments. Option C does not make sense in the context of the sentence. Option D is incorrect as it implies that marginal analysis only evaluates maximum changes, which is not true.

Which Word or Phrase Best Completes the Following Sentence? Marginal