Business, 10.09.2019 01:10 Gimagg8195

In economics, what is meant by "optimal decisions are made at the margin? " the concept of the margin was initially developed in 2012 by professor marginus; research is still being done on how it can be used for decision-making. the idea of the margin does not compare trade-offs and is not relevant to decision-making. the idea of the margin is related to making decisions while thinking about the benefits and costs of small changes in behavior. the idea of the margin is that all economic decisions are made at the very fringes of society.

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In economics, what is meant by "optimal decisions are made at the margin? " the concept of the margi...

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