For the following examples, state how you would use the principle of marginal analysis to make a
Question:
For the following examples, state how you would use the principle of marginal analysis to make a decision.
a. Deciding how many days to wait before doing your laundry
b. Deciding how much time to spend researching before writing your term paper
c. Deciding how many bags of chips to eat
d. Deciding how many class lectures to skip
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
a Each day that you wait to do your laundry imposes a cost You have fewer clean clothes to choose fr...View the full answer
Answered By
Simon kingori
I am a tier-one market researcher and content developer who has been in this field for the last six years. I’ve run the freelancing gamut; from market research, data mining and SEO/SMM to copywriting, Content Development, you name it, I’ve done it. I’m extremely motivated, organized and disciplined – you have to be to work from home. My experience in Freelancing is invaluable- but what makes me a cut above the rest is my passion to deliver quality results to all my clients- it’s important to note, I've never had a dissatisfied client. Backed by a Masters degree in Computer Science from MOI university, I have the required skill set and burning passion and desire to deliver the best results for my clients. This is the reason why I am a cut above the rest. Having taken a Bsc. in computer science and statistics, I deal with all round fields in the IT category. It is a field i enjoy working in as it is dynamic and new things present themselves every day for research and exploration.
1+ Reviews
10+ Question Solved
Related Book For 
Macroeconomics
ISBN: 978-1319120054
3rd Canadian edition
Authors: Paul Krugman, Robin Wells, Iris Au, Jack Parkinson
Question Posted:
