According to Marginal Analysis, You Should Spend More Time Studying

question 161

Multiple Choice

According to marginal analysis, you should spend more time studying economics if the extra benefit from an additional hour of study

• A) is positive.
• B) outweighs the extra cost.
• C) exceeds the benefits of the previous hour of study.
• D) will raise your exam score.

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Definitions:

Significant Resources

denote essential assets or inputs necessary for an organization or individual to operate effectively and achieve goals, including time, money, personnel, and technology.

Internet/Intranet Systems

Describes the global system of interconnected computer networks (Internet) and a private network accessible only by an organization’s members or employees (Intranet).

Virtual Teams

Groups of people who work together from different geographical locations, connected by technologies such as videoconferencing, emails, and collaborative software.

Global Team

A group of individuals working together from different geographical locations across the world towards a common goal.