Who believes that marginal analysis provides the best model of a firm's behavior?
A) William Baumol
B) John K. Galbraith
C) Milton Friedman
D) Richard Lester
E) Lester Thurow

Question

Quizplus · Accepted Answer

Milton Friedman is known for advocating the use of marginal analysis in understanding firm behavior, emphasizing the importance of marginal costs and marginal revenues in decision-making processes.

Who Believes That Marginal Analysis Provides the Best Model of a Firm's