In Economics, the Term Marginal Refers To

question 90

Multiple Choice

In economics, the term marginal refers to:

• A) the change or difference from a current situation.
• B) man-made resources as opposed to natural resources.
• C) the satisfaction a consumer receives from a good.
• D) holding everything else constant in the analysis.

Identify perceptual, emotional, and cultural blocks to creative decision making.

Comprehend the stages of the creative process.

Recognize win-lose situations in decision-making scenarios.

Understand the concentration stage in the creative process as it relates to problem-solving.

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Definitions:

Retained Earnings

The portion of net income that is not distributed to shareholders as dividends but is kept by the company for reinvestment in its core business or to pay debt.

Internal Growth Rate

The internal growth rate is the maximum rate at which a company can expand its operations through reinvestment of its own earnings, without raising external financing.

Dividend Payout Ratio

The percentage of a company's net earnings distributed to its shareholders as dividends.

Fixed Assets

Long-term tangible assets used in the operation of a business that are not expected to be consumed or converted into cash within a year.