When Economists Use the Term "Marginal," They Usually Refer to

question 48

Multiple Choice

When economists use the term "marginal," they usually refer to

• A) average change.
• B) no changes.
• C) small, incremental change.
• D) large changes.

---

Definitions:

Anecdotal Evidence

Information derived from personal accounts, stories, or testimonials rather than from systematic scientific evaluations, often subject to bias.

Experimenter Bias

A process where the scientists performing the research influence the results, either intentionally or unintentionally, to achieve a certain outcome.

Double-Blind

An experimental procedure in which neither the participants nor the experimenters know who is receiving a particular treatment, to prevent bias.

Self-Report Methods

Refers to techniques where individuals provide data about themselves, often through questionnaires or interviews.