Making Choices on the Margin Means

question 119

Multiple Choice

Making choices on the margin means

• A) scribbling on the edges of your notebook paper.
• B) comparing all relevant alternatives systematically and incrementally.
• C) making a decision based on emotions.
• D) making decisions in the largest possible increments.
• E) taking account of all marginal benefits, all opportunity costs, and all sunk costs.

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Definitions:

Bipolar Neurons

are specialized neurons with one axon and one dendrite, commonly found in sensory systems like the retina of the eye.

Dendrite

A branched extension of a neuron that receives impulses from other cells and transmits them to the cell body.

Axon

The long, slender projection of a neuron that conducts electrical impulses away from the neuron's cell body towards other neurons or muscles.

Nodes of Ranvier

Gaps in the myelin sheath along a nerve fiber, where the axonal membrane is exposed to the extracellular space, facilitating rapid signal transmission.