Principles of Economics, 7th Edition (MindTap Course List)
Principles of Economics, 7th Edition (MindTap Course List)
7th Edition
ISBN: 9781285165875
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 1, Problem 3QCMC
To determine

A marginal change refers to what.

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. A marginal change is one that       a. is not important for public policy.       b. incrementally alters an existing plan.       c. makes an outcome inefficient.       d. does not influence incentives.
Please select the economic term that is best described by each statement. People have limited resources. scarcity tradeoffs business cycle recession margins entrepreneurship   Everything you do requires giving up something (time, money, etc.). tradeoffs financial capital scarcity budgeting recession margins
Please select the economic term that is best described by each statement.   Everything you do requires giving up something (time, money, etc.). tradeoffs financial capital scarcity budgeting recession margins
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