Explain about the marginalism theory

+44 141 628 6080
[email protected]

Most economists believe such that people increase an activity when they perceive the expected additional benefits as exceeding the expected extra cost, but decrease their level of an activity whenever they believe the benefits from the last few units of the activity are exceeded through the costs of such units. This theory is termed as: (1) opportunism. (2) populism. (3) satisficing. (4) marginalism. (5) behaviorism.

Hello guys I want your advice. Please recommend some views for above Economics problems.

View Complete Question

Related Questions in Macroeconomics

Q : Reallocation of resources through budget

Reallocation of resources: In case, the market economy fails or does not attain the desired social objectives, the government has to interfere via budget and reallocate resources accordingly. Through its budgetary

Q : Plan and non-plan expenditure Write a

Write a brief note on plan and non-plan expenditure of the government with illustration. Answer: Plan Expenditure

Q : Fundamental supply and demand in foreign

Question: Changes in currency supply and demand can be traced back to changes in fundamental supply and demand in foreign and domestic i._____________________ markets and foreign and domestic ii.___________________

Q : Founder of utilitarianism The founder

The founder of utilitarianism be: (1) Adam Smith. (2) John Stuart Mill. (3) Jeremy Bentham. (4) Feodor Dostoyevsky. (5) Thorstein Veblen. (6) Alfred Marshall. Can someone help me in getting through this problem.

Q : Problem on equivalent Consumer Surplus

Tom reimburses $5.00 for a ticket to see a present hit movie. If Tom was willing to reimburse up to $7.00 for that ticket, his consumer surplus equals: (1) $5.00 (2) $2.00 (3) $7.00 (4) Tom does not receive any consumer surplus as he purchased the ticket.

Q : Physical quality of life index DISCUSS

DISCUSS the experience of high GNP countries and low GNP with regard to PQLI.

Q : National disposable income What must be

What must be added to NNPMP to obtain net national disposable income? Answer: The Net current transfers from abroad must be added to NNPMP to get national disposabl

Q : What is Time Bound-Banking Industry

Time Bound: It is essential for bank to lay goals and also have the deadline for the completion of each goal. To be a market leader bank needs to work hard. They need to dedicate more time and resources to attain required success. A time associated wi

Q : Problem on full employment Does full

Does full employment take place if AD = AS or S = I?

Q : Problem on value of imports The balance

The balance of trade demonstrates a deficit of Rs 300 crore. The values of exports are Rs 500 crore. Determine the value of imports? Answer:

Discover Q & A

Leading Solution Library

Avail More Than 1415767 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1924621
Asked

3,689

Active Tutors

1415767

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment