Economics (MindTap Course List)
Solutions
Economics (MindTap Course List)
Economists say that individuals make decisions at the margin. What does this mean?
Explain why economists say individuals make decision at margin.
Generally, decisions are made depending upon its marginal cost incurred and marginal benefit received. Economists say that individuals make decisions at the margin because individuals must consider the additional benefit or marginal benefit revived by doing a particula...
Chapter 1 Solutions
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