Question: Page 1 9 1 . 2 . What are five foundations of economics? Which description best captures the idea of marginal thinking? Click or tap

Page 19
1.2. What are five foundations of economics?
Which description best captures the idea of marginal thinking?
Click or tap a choice to answer the question.
recognizing that choosing one thing requires giving up something else
choosing among several opportunities to make the best possible decision
recognizing when different people value the same thing differently
evaluating the cost and benefit of one more unit of something

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