Rational people make decisions at the margin by
A)following marginal traditions.
B)behaving in a random fashion.
C)thinking in black-and-white terms.
D)comparing marginal costs and marginal benefits.

Question

Quizplus · Accepted Answer

Rational people make decisions at the margin by comparing marginal costs and marginal benefits. This means they weigh the additional cost or benefit of a single unit of a decision against the next best alternative. It allows individuals to make efficient decisions and maximize their overall well-being.

Rational People Make Decisions at the Margin by