You decide whether to eat one more slice of pizza based on how hungry you feel. This statement best represents this economic concept:
A)Resources are scarce.
B)The real cost of something is what you must give up to get it.
C)"How much" is a decision at the margin.
D)There are gains from trade.

Question

Quizplus · Accepted Answer

The statement best represents the concept of "how much" is a decision at the margin because the decision to eat one more slice of pizza is based on the marginal utility of eating an additional slice compared to the cost of consuming it (such as feeling too full or having to give up something else).

You Decide Whether to Eat One More Slice of Pizza