Multiple Choice
In economics, marginal usually refers to:
A) a small change in an economic variable.
B) a low-quality product or resource.
C) an unimportant and irrelevant economic variable.
D) an all-or-nothing economic decision.
E) a footnote or minor point.
Correct Answer:

Verified
Correct Answer:
Verified
Q9: "An increase in the price of a
Q30: Economists often focus on average behavior because
Q144: Given that consumers need time and information
Q146: The payment in return for the use
Q148: The primary behavioral assumption is:<br>A) opportunity cost.<br>B)
Q150: In economics, capital refers to:<br>A) wages earned
Q151: Resources consist of labor and natural resources.
Q152: Economic models, such as the circular-flow model:<br>A)
Q153: The problem of scarce resources:<br>A) can be
Q154: Which of the following statements regarding the