asked 105k views
4 votes
The process of making choices in increments by evaluating the additional, or marginal, benefit against the additional, or marginal, cost of an action?

asked
User Nikkisha
by
8.3k points

1 Answer

0 votes

Answer:

Marginal decision making

Step-by-step explanation:

Marginal decision making is can simply be said to be a consideration of a little more or a little less than one already have. This entails evaluating additional or lesser benefits against the additional o lesser cost of a good or service.

Cheers.

answered
User Mohamed Rafiq P
by
7.7k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.