Select all the items involved in marginal analysis.

calculating the marginal cost of a choice

choosing the option that makes you worse off

randomly making a decision

figuring out the marginal benefit of an alternative

Question

Social Studies

Marquise Woodard

2 June, 02:50

Select all the items involved in marginal analysis.

calculating the marginal cost of a choice

choosing the option that makes you worse off

randomly making a decision

figuring out the marginal benefit of an alternative

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Cristofer Lee · Answer 1

The change in net benefits when you switch from one alternative to another. The most important example is marginal analysis, a cost-benefit calculation that focuses on the difference between one alternative and the next alternative. Marginal analysis compares the consequences of doing one step more of something. Marginal cost is the extra cost generated by moving from one alternative to the next alternative.

The answer is figuring out the marginal benefit of an alternative

Select all the items involved in marginal analysis.calculating the marginal cost of a choicechoosing the option that makes you worse offrandomly making a decisionfiguring out the marginal benefit of an alternative

Select all the items involved in marginal analysis.

calculating the marginal cost of a choice

choosing the option that makes you worse off

randomly making a decision

figuring out the marginal benefit of an alternative