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In Business / High School | 2025-07-05

When economists compare the additional or dynamic costs and additional or incremental benefits of a decision, they are engaging in which of the following?
A. supply and demand analysis
B. marginal analysis
C. production possibilities analysis

Asked by sophiarrojas54

Answer (2)

Economists engage in marginal analysis when comparing additional costs and benefits of a decision. This method helps in making informed choices by focusing on incremental changes. It is different from supply and demand analysis and production possibilities analysis. ;

Answered by GinnyAnswer | 2025-07-06

Economists engage in marginal analysis when comparing additional costs and benefits, which helps in making informed decisions. This method is crucial for evaluating incremental changes, distinguishing it from supply and demand and production possibilities analyses.
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Answered by Anonymous | 2025-07-07

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