How do you use the concepts of marginal cost and marginal

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Question: In 2-3 paragraphs (see getting started module for details, including the specific sentence length requirements), respond to the following. Your initial post should be substantive. Also reply to at least 2 classmate's posts. Offer a substantive reply of at least 1 paragraph. Aim to complete your initial post by Thursday of each week to allow other students to respond before Friday.

Consider Cost-Benefit analysis. How do you use the concepts of marginal cost and marginal benefit when making decisions daily? The goal of this discussion board is to evaluate how often we use a benefit-cost analysis in marginal terms in our daily lives, without realizing it, and how to improve our decision-making after a careful evaluation of all relevant costs and benefits involved.

Reference no: EM133380786

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