Thinking at the margins means deciding about

a. maximizing goods and services.
b. investing with borrowed money.
c. adding or subtracting one additional unit of some resource.
d. increasing or decreasing technical know-how.

Ans: c. adding or subtracting one additional unit of some resource.

Economics

You might also like to view...

The method of financing the Social Security system until 1983 is best described as

a. trust fund. b. excise tax. c. indirect tax. d. "pay as you go."

View
Economics

Most goods that are nonexcludable are pure public goods.

A. True B. False C. Uncertain

View
Economics