Question: What does it mean if a person makes a decision at the margin? a . The person is more fikely to seyy yes than to

What does it mean if a person makes a "decision at the margin"?
a. The person is more fikely to seyy yes than to say no.
b. The person compares additional benefits and additional costs when deciding what to do.
c The person makes a decision based on a condition
d. The person compares maginal benefits and total costs and then decides whet to do.
e. The person weighs the good against the bad and then decides what to do.
 What does it mean if a person makes a "decision at

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!