Marginal costs and marginal benefits of a choice


Question:

Using the economists' model of individual choice (comparing the marginal costs and marginal benefits of a choice, incorporating the level of satisfaction or "utility" we derive from the choice, and considering the relative MU/P of a good we buy to that of another), choose, and explain your motivation for four personal decisions you have made in the past year.

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Microeconomics: Marginal costs and marginal benefits of a choice
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