In making your decision whether to spend a week on the Gold Coast during the mid-semester break,you compare all the other activities you could undertake.As a result,you
A)limit the cost and the benefit you can gain.
B)do not face an opportunity cost.
C)must have made a choice in the social interest.
D)are making a choice on the margin.
E)are not making a rational choice.

Question

Quizplus · Accepted Answer

By comparing all the other activities, the decision to spend a week on the Gold Coast during the mid-semester break is being made on the margin, which means weighing the additional benefits and costs of one more unit of that activity. Therefore, the best choice is D.

In Making Your Decision Whether to Spend a Week on the Gold