When Economists Use the Term "Marginal," They Usually Refer to

question 142

Multiple Choice

When economists use the term "marginal," they usually refer to

• A) small, incremental change.
• B) large changes.
• C) no changes.
• D) average change.

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Definitions:

Married

A legally or formally recognized union of two people as partners in a personal relationship, typically denoting commitment and shared life experiences.

SES

An abbreviation for socio-economic status, a combined measure of an individual's economic and social position in relation to others, based on income, education, and occupation.

Blood Pressure

The force exerted by circulating blood on the walls of blood vessels, often measured as an indicator of cardiovascular health.

Obesity

A medical condition characterized by excessive body fat that increases the risk of health problems such as heart disease, diabetes, and high blood pressure.