Multiple Choice
In economics, the term "marginal" refers to
A) total.
B) a change in the total.
C) average change.
D) inverse.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q42: According to the substitution effect, if the
Q43: What is marginal utility? Why is the
Q44: A consumer's optimum is found when<br>A) prices
Q45: If your guest is serious when he
Q46: If a consumer is at an optimum,
Q48: The marginal rate of substitution measures<br>A) the
Q49: The consumer optimum for consuming two goods
Q50: The substitution effect shows that<br>A) if the
Q51: A rational individual will never consume a
Q52: The marginal rate of substitution is<br>A) the