To say that people make decisions at the margin means that:
A) they usually wait until the last minute before making any decision.
B) they weigh the additional costs and the additional benefits of various activities before they make a decision.
C) most people just barely get by on the incomes they earn and live in poverty.
D) if given a choice, most people would prefer to make their own decisions concerning the things that affect their lives.
E) they consider the total cost and the total benefit of various activities before they make a purchase.

Question

Quizplus · Accepted Answer

Making decisions at the margin means people compare the additional cost and benefit of various activities before making a decision. They calculate whether the additional benefit of an activity is worth the additional cost, and then decide whether or not to proceed with the activity.

To Say That People Make Decisions at the Margin Means