A marginal change usually is a

a. change that involves little, if anything, that is important.
b. large, significant adjustment.
c. change for the worse, and so it is usually a short-term change.
d. small, incremental adjustment.

D

Economics

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The standardization of software applications that people can easily share is an example of:

A. a network externality that can be positive or negative. B. an innovation that does not carry a network externality. C. a negative network externality. D. a positive network externality.

Economics

If we are in a horizontal region of the money demand curve, expansionary monetary policy has __________ effect on output and expansionary fiscal policy has __________ effect on output

A) no; no B) no; a strong C) a strong; no D) a strong; a strong

Economics