Making Rational Decisions at the Margin Means That People

question 102

Multiple Choice

Making rational decisions at the margin means that people

• A)make those decisions that do not impose a marginal cost.
• B)evaluate how easily a decision can be reversed if problems arise.
• C)compare the marginal costs and marginal benefits of each decision.
• D)always calculate the dollar costs for each decision.

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Definitions:

Deoxyhemoglobin

A type of hemoglobin that is not carrying oxygen. It is darker red in color than hemoglobin.

Carbon Dioxide

Carbon dioxide is a colorless, odorless gas produced by burning carbon and organic compounds and by respiration. It is naturally present in air and is absorbed by plants in photosynthesis.

Bacterial Infection

An invasion of the body by harmful bacteria which can lead to disease and is typically treated with antibiotics.

White Blood Cell Count

White blood cell count is a blood test measure that indicates the number of white blood cells in a volume of blood, crucial for diagnosing and monitoring infections.