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What is an example of thinking at the margins

A figuring out what you will give up and what you will gain by hiring a new worker

B thinking about whether or not to go on a vacation to a warm beach

C drawing plans to build an extra room on an old home

D deciding whether to have a dog or a cat as a pet

The answer is A figuring out what you will give up and what you will gain by hiring a new worker.

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Otis Rolfson

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Q: Is an example of thinking at the margin?
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Related questions

What is thinking at the margin?

The opportunity costs and the benefits.


What does thinking at the margin help with?

Choosing opportunity cost.


What does thinking at margin help with?

Choosing opportunity cost.


One example of thinking at the margin is?

Deciding whether the benefit of working two extra hours per day is woth the sacrifice of study time.


What is an example of margin in economics?

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When you are thinking on the margin the which factor should most influence your decision is?

opportunity cost


What does thinking at the margin mean?

Thinking about the costs and benefits of making changes in behavior. when you make a decision, most people think on the margin, meaning they think about the positive and negative benefits of making one decision rather than another.


What is an example of thinking at the margin?

The full question is: What is an example of thinking at the margins A figuring out what you will give up and what you will gain by hiring a new worker B thinking about whether or not to go on a vacation to a warm beach C drawing plans to build an extra room on an old home D deciding whether to have a dog or a cat as a pet The answer is A figuring out what you will give up and what you will gain by hiring a new worker.


What is EBITDA margin?

EBITDA Margin is the ratio of EBITDA to Sales Revenue. Example: Revenue of $10,458 and EBITDA of $871 yeilds EBITDA Margin of 8.3%.


What is an example of a conservative margin?

San Andreas faultCalifornia is an example of a conservative margin.hope it helps you :) x


What is an example of visual thinking?

thinking visually..


What is an example of the contribution margin?

For example, if the per-unit variable cost is $15 and selling price per unit is $20, then the contribution margin is equal to $5. The contribution margin may provide a $5 contribution toward the reduction of fixed costs or a $5 contribution to profits.