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9 September, 07:10

The process of making choices in increments by evaluating the additional, or marginal, benefit against the additional, or marginal, cost of an action?

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  1. 9 September, 10:39
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    Marginal decision making

    Explanation:

    Marginal decision making is can simply be said to be a consideration of a little more or a little less than one already have. This entails evaluating additional or lesser benefits against the additional o lesser cost of a good or service.

    Cheers.
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