The Principle of Optimization at the Margin states that ________.
A) an optimal alternative has the lowest indirect costs in comparison to other feasible alternatives
B) an optimal alternative has the highest net benefits in comparison to other feasible alternatives
C) moving toward the optimal alternative makes the decision maker better off and moving away from it makes him worse off
D) moving toward the optimal alternative makes the decision maker worse off and moving away from it makes him better off

Question

Quizplus · Accepted Answer

The Principle of Optimization at the Margin suggests that moving toward the optimal alternative improves the decision maker's situation, while moving away from it worsens it.

The Principle of Optimization at the Margin States That ________