QUESTION IMAGE
Question
question 7
what best describes marginal analysis in economic terms?
to compare different economic systems
to critique the current economic policies
to forecast economic downturns
examination of decisions on the margin, meaning a little more or a little less from the status quo
Brief Explanations
Marginal analysis in economics looks at the effects of small - scale changes in decisions.
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examination of decisions on the margin, meaning a little more or a little less from the status quo