--%>

Decisions at the Margin

The least apparent illustration of how decisions are generally ‘at the margin’ would be: (i) Purchasing an additional novel after learning that all paper-backs at Borders are on sale for 25 percent off. (ii) Tossing a 6-year old cousin to the deep end of the pool as or else, ‘that child will never learn how to swim’. (iii) Constantly deciding to ‘play one final video game’ before going to the bed. (iv) Pouring more syrup on your pancakes before beginning a triathlon as you want additional fuel. (v) Sharing one more kiss previous to you and your important other start studying for the monthly economics quiz.

Choose the right answer from the above options.

   Related Questions in Macroeconomics

  • Q : Business For every value of real GDP,

    For every value of real GDP, actual investment equals? A. Planned Investments B. The difference between planned investments and actual saving. C. The difference between planned saving and actual saving. D. Planned Saving

  • Q : Signals that guide economic decisions

    In market economies, what are the signals which guide economic decisions?

  • Q : Inflation movements and factors Use

    Use economic theory to explain the inflation movements and factors influencing it. Use relevant models to explain the impact of changes in fiscal and monetary policies in curtailing inflation.

  • Q : Adaptive expectations & Rational

    Question: Compare and contrast 'adaptive expectations' (Hubbard uses adaptive expectations)  and 'rational expectations' in modeling expectations. Answer:<

  • Q : What is long run supply curve Please

    Please brief the knowledge what is long run supply?

  • Q : Market system The market system's

    The market system's answer to the fundamental question "How will the system promote progress?" is essentially:

  • Q : Principles of macroeconomics What are

    What are the “powers of the Federal Reserve

  • Q : Demand-pull inflation What is

    What is "demand-pull" inflation?

  • Q : Calculating exchange rate 10 US dollars

    10 US dollars are exchanged for 500 Indian rupees. Calculate the exchange rate for Indian currency? Answer: $1 = 500/10 = Rs.50, that is, $1 = Rs. 50

  • Q : Would inflation targeting be a good

    Question: Why might it be difficult for the Fed to formally adopt inflation targeting?  Would inflation targeting be a good policy for the Fed in the present economic environment?

    Discover Q & A

    Leading Solution Library
    Avail More Than 1453053 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads
    No hassle, Instant Access
    Start Discovering

    18,76,764

    1934008
    Asked

    3,689

    Active Tutors

    1453053

    Questions
    Answered

    Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

    Submit Assignment

    ©TutorsGlobe All rights reserved 2022-2023.