Rational People Make Decisions "At the Margin" by Comparing

question 34

Multiple Choice

Rational people make decisions "at the margin" by comparing

• A)average costs and benefits.
• B)total costs and benefits.
• C)additional costs and benefits.
• D)opportunity costs and benefits.

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Definitions:

Not Guilty

A legal declaration made in a court proceeding that an accused person did not commit the crime for which they are charged.

Bribery

A corrupt and illegal activity in which a person offers, gives, solicits, or receives money, services, or anything of value in order to gain an illicit advantage.

Public Official

An individual holding an office in the government who performs duties for the benefit of the public.

Criminal Fraud

Intentional deception or misrepresentation made for personal gain or to damage another individual, which is punishable by law.