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djchewinggum djchewinggum
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3 months ago
Assume that an individual has to decide between a 2-day vacation and a 3-day vacation to the same place. If he uses optimization using marginal analysis, he will ________.

▸ compare the total net benefits of both alternatives

▸ spend more time to make a decision than he would had he used optimization using total value

▸ only think about the net benefits of the extra day

▸ choose the 3-day vacation only if the costs incurred on the third day exceed the benefits he receives
Textbook 

Macroeconomics


Edition: 3rd
Authors:
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eggr0lleggr0ll
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3 months ago
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only think about the net benefits of the extra day

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djchewinggum Author
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3 months ago
Thank you, thank you, thank you!
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Yesterday
Correct Slight Smile TY
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2 hours ago
Smart ... Thanks!
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