Multiple Choice
What is the best example of a marginal change
A) After graduating from university, Audrey's income increases from $500 per month to $3000 per month.
B) In 2015 minimum wage in Saskatchewan increased from $10 per hour to $10.20.
C) Housing prices in an area increase by 40% when a new highway is built in a small town.
D) A hard freeze wipes out half of the tobacco crop in Ontario and the price of cigarettes doubles.
Correct Answer:
Verified
Correct Answer:
Verified
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