2jwmrxmpsb 2jwmrxmpsb
  • 13-05-2022
  • Business
contestada

What does the word “marginal” mean in economics?

Respuesta :

kitten89987
kitten89987 kitten89987
  • 13-05-2022
Answer Marginal refers to the focus on the cost or benefit of the next unit or individual, for example, the cost to produce one more widget or the profit earned by adding one more worker. Companies use marginal analysis as a decision-making tool to help them maximize their potential profits.
Answer Link
appichand4 appichand4
  • 13-05-2022
Relating to something hope it helps
Answer Link

Otras preguntas

What were the contributions of the Harappan civilization?
What is 25% of $500.00? I think the answer is $475.00 Can someone verify if twenty five percent of 500.00 is $475.00
The ______ was established in 1943 to assist in the transition from a peacetime to a wartime economy ?
What's 5 divided by x squared explain
What all the multiples of 81?
Thelma spent 1/6 of her weekly allowance on dog toys.  1/4 on a dog collar and 1/3 on dog food.  What fraction of her weekly allowance is left
The ______ was established in 1943 to assist in the transition from a peacetime to a wartime economy ?
What were the contributions of the Harappan civilization?
What all the multiples of 81?
Factor the expression. If the expression cannot be factored, say so.