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Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 14
A marginal change is one that
A) is not important for public policy.
B) incrementally alters an existing plan.
C) makes an outcome inefficient.
D) does not influence incentives.
A) is not important for public policy.
B) incrementally alters an existing plan.
C) makes an outcome inefficient.
D) does not influence incentives.
Explanation
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Marginal change refers to the small incr...
Essentials of Economics 7th Edition by Gregory Mankiw
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