Making optimal decisions "at the margin" requires
A)making decisions according to one's whims and fancies.
B)making consistently irrational decisions.
C)weighing the costs and benefits of a decision before deciding if it should be pursued.
D)making borderline decisions.

Question

Quizplus · Accepted Answer

Making optimal decisions "at the margin" involves weighing the costs and benefits of a decision before deciding if it should be pursued. This allows a person to make rational decisions that take into account the potential benefits and drawbacks of a particular choice.

Making Optimal Decisions "At the Margin" Requires