What requires you to compare the marginal costs and the marrginal benefits of a decision?

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2007-01-29 12:04:57 · 3 answers · asked by Anonymous in Social Science ➔ Economics

I think you mean "marginal opportunity cost"
It depends wheather it is a life theratening situation or just another picnic.

2007-02-02 10:34:13 · answer #1 · answered by secret society 6 · 0⤊ 0⤋

when you decide to change the quantity of the output? And when market failure (imperfect competition, externalities etc) exists,

2007-01-29 12:14:27 · answer #2 · answered by boogiesbottom 3 · 0⤊ 0⤋

how much will I enjoy it . . .

2007-01-29 12:13:08 · answer #3 · answered by Shaggy 3 · 1⤊ 0⤋