Question

A basketball coach is performing a cost/benefit analysis in order to determine if more hours of practice would help the team score more points

The coach's action is an example of

A.individual trade-offs
B. opportunity cost.
C. marginal thinking
D. marginal benefit.

Answer 1

Answer: The coach's action is an example of Marginal Thinking.

Step-by-step explanation:

Marginal thinking involves the analysis of the cost/benefit of increasing a unit to something. In this case, the coach is considering whether to increase practice hours (cost) the team will get more points (benefits).

Although it seems like a simple thought process, Marginal Thinking implies analyzing all the variables that are compromised. For example, the coach must consider if more hours of training could generate more fatigue in the players, and that would lower their performance and get fewer points.

I hope this information can help you.