whether or not to go on vacation
A) wheather of not to hire 100 new workers
whether to spend your two-week vacation on the shore or in town
In Economics, marginal decision making helps to analyze various factors. When you make a decision at the margin, you evaluate rationality in an attempt to come to the best choice.
opportunity cost
Thinking about the costs and benefits of making changes in behavior. when you make a decision, most people think on the margin, meaning they think about the positive and negative benefits of making one decision rather than another.
A) wheather of not to hire 100 new workers
A) wheather of not to hire 100 new workers
whether to spend your two-week vacation on the shore or in town
In Economics, marginal decision making helps to analyze various factors. When you make a decision at the margin, you evaluate rationality in an attempt to come to the best choice.
investment, financial markets, business accounting
Expected amount of margin made on product.
The possible consequences or the outcomes of your decision will vary. This will depend on the type of decision that you have made and what areas it touches on.
opportunity cost
20 - 25% margin
Gutter Margin
Thinking about the costs and benefits of making changes in behavior. when you make a decision, most people think on the margin, meaning they think about the positive and negative benefits of making one decision rather than another.
Japan sits on top of a destructive plate margin.