Most real-world choices aren't about getting all of one thing or another, instead, 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) opportunity cost
C) benefit analysis
D) marginal analysis

Question

Quizplus · Accepted Answer

Marginal analysis involves comparing the benefits and costs of choosing a little more or a little less of a good, which is a common approach in making decisions in economics and real-world scenarios.

Most Real-World Choices Aren't About Getting All of One Thing