Krugman's Economics For The Ap® Course
3rd Edition
ISBN: 9781319113278
Author: David Anderson, Margaret Ray
Publisher: Worth Publishers
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Question
Chapter 53, Problem 6MCQ
To determine
Principle of marginal analysis
Expert Solution & Answer
Explanation of Solution
The principle of marginal analysis entails continuing activities until the marginal benefit get equals to the marginal cost because the with the change in cost of any business activity will result in a benefit.
Therefore, the correct option is d.
Economics Concept Introduction
Introduction:
Marginal analysis is an assessment or examination of costs and potential benefits of certain business activities which are associated with business goals.
Chapter 53 Solutions
Krugman's Economics For The Ap® Course
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