Which of the Following Is the Best Example of a Marginal

question 20

Multiple Choice

Which of the following is the best example of a marginal change?

• A)The price of water rose in Calgary by 2% 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:

Linguistic

Relates to the study of language, its structure, use, and the way it changes over time.

Critical Thinking

Solving problems and making decisions through a systematic evaluation of evidence.

Evaluate

To assess or analyze something systematically in order to understand its value, quality, importance, or effectiveness.

Evidence

Information or data that are systematically collected to support or refute a claim, theory, or conclusion.