Principles of Microeconomics
Principles of Microeconomics
7th Edition
ISBN: 9781305156050
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 1, Problem 3CQQ
To determine

A marginal change refers to what.

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Economics helps managers focus on key issues.
. A marginal change is one that       a. is not important for public policy.       b. incrementally alters an existing plan.       c. makes an outcome inefficient.       d. does not influence incentives.
Economics: a. involves preparing financial reports for external audiences. b. is a discipline focused on a narrow aspect of business operations related to production. c. can provide information to both improve business operations and law creation. d. does not have much to offer a profit seeking business.
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