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Home Q & A Board Other Fields Homework Help Business Economics
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usha usha
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A year ago
Which of the following statements is TRUE?

▸ Marginal analysis is the comparison of economic outcomes before and after some economic variable is changed.

▸ Before and after comparisons involve calculating the incremental cost of moving from one alternative to the next best alternative.

▸ Before and after comparisons can be used in both optimization using total value and optimization using marginal analysis.

▸ Marginal analysis is a key tool used while optimizing using total value.
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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anikamazumderanikamazumder
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A year ago
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usha Author
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A year ago
Just got PERFECT on my quiz
MLynneMcMillan
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Yesterday
You make an excellent tutor!
Tabitha.davis
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2 hours ago
Smart ... Thanks!
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