Which of the Following Is the Best Example of a Marginal

question 115

Multiple Choice

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

• A)After graduating from university, Audrey's income increases from $500 per month to $3,000 per month.
• B)Morgan gets a raise at her part-time job and is now paid $7.25 per hour instead of $7.00.
• 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:

Conflict of Interest

A situation where an individual's personal interests could improperly influence their professional duties and decisions.

Personal Interests

Activities, hobbies, or topics that an individual finds enjoyable or is passionate about.