Which of the following statements regarding marginal analysis are? true? (Check all that apply.?)
A. It excludes information that is relevant to the? individual's decision.
B. It is often faster to implement than optimization using total value.
C. It focuses on the difference between one feasible alternative and the next feasible alternative.
D.It always picks out a different optimum than the minimization of the total cost.
B. It is often faster to implement than optimization using total value.
C. It focuses on the difference between one feasible alternative and the next feasible alternative.
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In the above figure, ________ will shift in the demand curve from D to D1
A) an increase in income if pizza is an inferior good B) a decrease in the price of a sub sandwich, a substitute for pizza C) buyers' expectation that pizza will be less expensive next week D) a scientific article published that demonstrates eating pizza is good for one's health E) a fall in the cost of producing pizza
What is NAFTA?
What will be an ideal response?