Connect with experts and get insightful answers to your questions on IDNLearn.com. Discover the information you need quickly and easily with our reliable and thorough Q&A platform.

How is marginal analysis for a business similar to
the marginal thinking that you do as a consumer?


Sagot :

Answer:

Marginal analysis is an examination of the additional benefits of an activity compared to the additional costs incurred by that same activity. Companies use marginal analysis as a decision-making tool to help them maximize their potential profits.

Explanation: