WebExpert Answer. Solution: The correct option is (B) marginal analysis. Any choice obviously involves a comparison between the cost and benefits of making that choice (and also its alternative …. ,which involves comparing the benefits and costs of choosing a little 12. Most choices involve more or a little less of a good. WebJul 3, 2024 · Most real-world choices aren't about getting all of one thing or another, instead, most choices involve marginal analysis, which involves comparing the benefits and costs of choosing a little more or a little less of a good.Hence, option D is correct.. What is marginal analysis? Marginal analysis involves dividing a choice into a number of "yes …
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Lesson 2: Opportunity Cost and Incentives
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