Making Rational Decisions "At the Margin" Means That People

question 176

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 marginal dollar costs for each decision.

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Night

The period of darkness between sunset and sunrise when the sky is not illuminated by the sun, characterized by decreased visibility and activity for many organisms.

Ditropan XL

A brand name for oxybutynin, a medication used to treat symptoms of overactive bladder.

Bladder

An organ that stores urine produced by the kidneys before it is excreted from the body.

Filtration

A process that separates solids from liquids or gases using a filter medium that allows only the fluid to pass through.