Multiple Choice
What is the best example of a marginal change
A) College tuition rose by 1% last year.
B) Kim gets a big promotion at work.She also gets a raise from $25,000 per year to $40,000 per year.
C) Mark graduates from university and takes a job.His income increases from $10,000 per year to $50,000 per year.
D) A drought hits Saskatchewan and the price of wheat increases from $4.00 per bushel to $8.00 per bushel.
Correct Answer:
Verified
Correct Answer:
Verified
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