Utilizing the economists model of individual choice

Reference no: EM1331409

Marginal utility and decision making

Using the economists' model of individual choice (comparing the marginal costs and marginal benefits of a choice, incorporating the level of satisfaction or "utility" we derive from the choice, and considering the relative MU/P of a good we buy to that of another), choose, and explain your motivation for four personal decisions you have made in the past year.

Reference no: EM1331409

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