Most choices involve _________________, which involves comparing the benefits and costs of choosing a little more or a little less of a good.
A) utility
B) marginal analysis
C) the budget constraint
D) consumption

Question

Quizplus · Accepted Answer

Marginal analysis is the correct answer because it involves evaluating the benefits and costs of choosing a little more or a little less of a good, which is a fundamental concept in economics for making decisions.

Most Choices Involve _________________, Which Involves Comparing the Benefits and Costs