Asked by
Alaiya Smith
on Oct 27, 2024Verified
Which decision is an example of marginal analysis?
A) ordering a pizza,rather than eating leftover meatloaf
B) deciding whether to eat one more slices of pizza
C) using a coupon to save $2 on a pizza
D) writing a check to pay for the pizza,rather than using a credit card
Marginal Analysis
Marginal analysis is the examination of the benefits and costs of an incremental change in the production or consumption of goods or services.
Coupon
A promotional tool in the form of a voucher that offers a discount or rebate on the purchase of a product or service.
- Recognize the importance of marginal analysis in making economic decisions.
Verified Answer
BS
Learning Objectives
- Recognize the importance of marginal analysis in making economic decisions.