The __________ suggests, decisions about quantities are best made incrementally.
A)cost-benefit principle
B)opportunity cost principle
C)marginal principle
D)interdependence principle

Question

Quizplus · Accepted Answer

The marginal principle suggests that decisions about quantities should be made incrementally, meaning considering the costs and benefits of each additional unit before deciding to produce or consume it. This principle helps in making efficient decisions and avoiding excess or shortage of production.

The __________ Suggests, Decisions About Quantities Are Best Made Incrementally