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16 January, 14:00

Suppose a customer at a restaurant is deciding whether or not to order dessert. marginal thinking means that the customer should compare:

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  1. 16 January, 15:57
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    Marginal thinking means that the customer should compare "the additional benefit from the dessert with the additional cost of the dessert".

    In economics, marginal thinking requires decision-makers to assess whether the advantage of one more unit of something is more noteworthy than its expense. This can be very testing, yet seeing how to break down choices at the edge is fundamental to turning into a good economist.

    Marginal thinking is pondering how much additional assets are worth. In the event that you have no bananas, and you get a banana, it's justified regardless of much more to you than if you as of now had a million of them.
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