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The principal of optimization at the margin states that:

tuggy

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7 years ago

The principal of optimization at the margin states that:

The principal of optimization at the margin states that:
A) an optimal alternative has the lowest indirect costs in comparison to other feasible alternatives.
B) an optimal alternative has the highest net benefits in comparison to other feasible alternatives.
C) moving toward the optimal alternative makes the decision maker better off, and moving away from it makes him worse off.
D) moving toward the optimal alternative makes the decision maker worse off, and moving away from it, makes the decision maker better off.

Textbook

Microeconomics

Edition: 1^st

Authors: Acemoglu, Laibson, List

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tuggy Author

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7 years ago

Brilliant ツ

kc123

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Thanks for your help!!

Smair87

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this is exactly what I needed

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