What Is the Best Example of a Marginal Change

question 84

Multiple Choice

What is the best example of a marginal change

• A)College tuition rose by 1% last year.
• B)Kim gets a big promotion at work.She also gets a raise from $25,000 per year to $40,000 per year.
• C)Mark graduates from university and takes a job.His income increases from $10,000 per year to $50,000 per year.
• D)A drought hits Saskatchewan and the price of wheat increases from $4.00 per bushel to $8.00 per bushel.

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Definitions:

Immediate Feedback

Quick response or reaction received shortly after an action or communication, crucial for real-time adjustments and learning.

Permanent Record

Information or data about an individual or event that is stored indefinitely and can have a lasting impact on one's reputation or opportunities.

Tourism Brochure

A printed or digital document that provides descriptive information, images, and details about tourist destinations, attractions, and services.

Bahamas

A country consisting of more than 700 islands, cays, and islets in the Atlantic Ocean, known for its tropical climate and beautiful beaches.