Marginal analysis involves examining:
A) what happens to a firm's costs and revenues when production is changed by one unit.
B) the sensitivity of consumer demand for a product or product category.
C) the quantity of products expected to be sold at different prices.
D) the difference between marginal revenue and total revenue.
E) the difference between marginal cost and total cost.

Question

Quizplus · Accepted Answer

Marginal analysis focuses on the impact of producing one additional unit, specifically looking at changes in costs and revenues.

Marginal Analysis Involves Examining