What Is the Best Example of a Marginal Change

question 174

Multiple Choice

What is the best example of a marginal change

• A)After graduating from university, Audrey's income increases from $500 per month to $3000 per month.
• B)In 2015 minimum wage in Saskatchewan increased from $10 per hour to $10.20.
• C)Housing prices in an area increase by 40% when a new highway is built in a small town.
• D)A hard freeze wipes out half of the tobacco crop in Ontario and the price of cigarettes doubles.

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Definitions:

Network Design Organization

A structured arrangement of elements including hardware, software, and protocols, aimed at ensuring efficient and secure communication within an organization.

Information Technology

The study and use of systems for storing, retrieving, and sending information, typically involving computers and telecommunications.

Organizational Levels

The hierarchy within an organization, typically ranging from upper management to lower-level employees, each with different responsibilities.

Strategic Choices

Decisions made by an organization that are foundational to its long-term goals, direction, and overall strategy.