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Everyday Choices Are Marginal Choices Example: Study vs. Spending Time with Girlfriend? The 'economic way of thinking' favors attention to marginal benefits marginal costs
Everyday Choices Are Marginal Choices Example: Study vs. Spending Time with Girlfriend? The 'economic way of thinking' favors attention to marginal benefits marginal costs There are no "all-or-nothing" decisions Economic theory is sometimes referred to as marginalism or marginal analysis because it emphasizes the effects of additional benefits and additional costs.
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