In economics, the term "marginal" usually refers to
A)a small change in an economic variable
B)a low-quality product or resource
C)an unimportant and irrelevant economic variable
D)an all-or-nothing economic decision
E)a footnote or minor point

Question

Quizplus · Accepted Answer

In economics, the term "marginal" typically refers to a small change in an economic variable. For example, the marginal cost is the cost of producing one additional unit of output, and the marginal benefit is the benefit of consuming one additional unit of a good or service.

In Economics, the Term "Marginal" Usually Refers to