Marginalism Is

question 201

Multiple Choice

Marginalism is

• A) the best alternative that we forgo when making a decision.
• B) the study of how societies choose to use scarce resources.
• C) a market situation in which profit opportunities are eliminated almost instantaneously.
• D) the process of analyzing the additional costs or benefits arising from a decision.

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Definitions:

Organizing Visuals

The process of arranging graphical elements in a coherent and effective manner to support or enhance written content or presentations.

Gestures

Movements of the body or limbs that express or emphasize ideas, sentiments, or emotions.

Oral Presentation

A verbal report or lecture delivered to an audience, often supported by visual aids, on a specific topic or subject.

Swaying

Moving or causing to move slowly or rhythmically backward and forward or from side to side.