Decision Making on the Margin Involves

question 275

Multiple Choice

Decision making on the margin involves

• A) comparing the marginal cost and marginal benefits when making a decision.
• B) comparing the total cost and the total benefit when making a decision.
• C) eliminating the additional cost when making a decision.
• D) determining the total benefits of a decision.
• E) comparing the benefits from the social interest to the benefits from the person's self-interest.