Multiple Choice
What is the best example of a marginal change?
A) After graduating from university, Makena's income increases from $1000 per month to $5000 per month.
B) In 2018 minimum wage in Saskatchewan increased from $11.4 |0 per hour to $14.00.
C) Housing prices in an area increased by 20% when a new highway connected a small city to the provincial capital.
D) A hard freeze wipes out half of the grape crop in Ontario and the price of Ontario wine doubles.
Correct Answer:
Verified
Correct Answer:
Verified
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