Rational Behavior Requires "Thinking at the Margin

question 112

Multiple Choice

Rational behavior requires "thinking at the margin." Which of the following is an example of this type of thinking?

• A) deciding whether a second burger is worth the extra $2
• B) deciding whether your overtime pay is worth working on Saturday (your day off)
• C) deciding whether to pay a fine for polluting the local harbor or installing antipollution machinery
• D) All of these are examples of "thinking at the margin."

---

Definitions:

Chinese

Relating to China, its people, languages, or culture.

Exclusion Laws

Laws implemented to restrict or prohibit certain groups of people, often based on race or nationality, from immigrating to or residing in a country.

Mob Violence

Acts of violence carried out by large groups of people outside the boundaries of legal and civil conduct, often driven by collective social or political grievances.

Voter Turnout

The percentage of eligible voters who actually cast their ballots in an election.