Which one of the following statements about marginal analysis is true?
A) Marginal analysis identifies the output and the price that will generate the maximum profit.
B) An important factor in marginal analysis is predicting demand,and this is not an exact science.
C) Marginal analysis is a less-than-perfect way to determine the best price for a product.
D) Marginal analysis is not always a straightforward procedure.
E) All of the above
Correct Answer:
Verified
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