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



Answer:
I think you mean "marginal opportunity cost"
It depends wheather it is a life theratening situation or just another picnic.
how much will I enjoy it . . .
when you decide to change the quantity of the output? And when market failure (imperfect competition, externalities etc) exists,

The answers post by the user, for information only, FunQA.com does not guarantee the right.



More Questions and Answers:

More Questions and Answers:
  • Any Suggestions on a final Economics Presentation?
  • What does it mean to be part of a mandamento ?
  • Uncle Milty Friedman has passed. Did his economic theories make sense to you?
  • what can we do to shorten effectively the gap between the poor and the rich in developing countries?
  • Does raising the minimum wage improve poverty?
  • What does this quote mean?
  • What substance will dominate in future world? IT, Petrol, Money, Lady, Weapons?
  • what can be expanded form of finance every world should be inter related ,and related to finance.?
  • is the New Delhi livable? Why or why not?