0
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.
Wiki User
∙ 13y ago
Add your answer:
Earn +20 pts
What is thinking at the margin?
The opportunity costs and the benefits.
When you are thinking on the margin the which factor should most influence your decision is?
opportunity cost
When you are thinking on the margin the factor that should most influence your decision is most closely described by which of the following terms?
opportunity cost
What are the Four elements of the economic way of thinking?
- Use Assumptions to simplify - Isolate Variables--Ceteris Paribus - Think at the Margin - Rational People Respond to Incentives
How does thinking at the margin change the decision-making process?
It gives you more time to think about your choices and using time to see how you could process over that period
What is thinking at the margin?
The opportunity costs and the benefits.
What does thinking at the margin help with?
Choosing opportunity cost.
What does thinking at margin help with?
Choosing opportunity cost.
When you are thinking on the margin the which factor should most influence your decision is?
opportunity cost
What does buying on margin mean?
Buying on margin is borrowing money from a broker to purchase stock.
What does Margin Balance mean?
A positive margin balance is the amount owed to you by the brokerage. A negative margin balance is the amount owed to the brokerage by you.
What is deciding whether to do or use one additional unit of some resource?
Thinking at the margin... i think
What does it mean to have a margin of safety?
Time and Space
What does normative gross margin mean?
be a gay
What does profit margin mean?
Profit margin means the amount of profit you make measured in a percentage. This can include:Gross Profit marginNet Profit marginMarkup Profit margin
What douse marge mean in french?
Soft Margin!
When you are thinking on the margin the factor that should most influence your decision is most closely described by which of the following terms?
opportunity cost
