Consider Cost-Benefit analysis. How do you use the concepts of marginal cost and marginal benefit when making
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Question:
Consider Cost-Benefit analysis. How do you use the concepts of marginal cost and marginal benefit when making decisions daily? The goal of this discussion board is to evaluate how often we use a benefit-cost analysis in marginal terms in our daily lives, without realizing it, and how to improve our decision-making after a careful evaluation of all relevant costs and benefits involved.
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