For which of the following decisions would marginal analysis be MOST relevant?
A)Should George accept a job with Delta Airlines or with Greenpeace?
B)Should Mary go to graduate school after graduating from college?
C)Should Vevik emigrate to the United States or stay in India?
D)Should Hong work an additional hour or take a short nap?

Question

Quizplus · Accepted Answer

Marginal analysis involves comparing the additional benefits of an action with its additional costs. In this case, the decision of whether to work an additional hour or take a short nap involves weighing the additional benefits (such as increased productivity or reduced fatigue) and costs (such as lost leisure time or reduced energy) of each option, making it most relevant for marginal analysis. The other options involve decisions that are more complex and multi-faceted, and therefore not as suitable for marginal analysis.

For Which of the Following Decisions Would Marginal Analysis Be