Difference between revisions of "Marginal Analysis"
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| − | + | Marginal Analysis is the study of how small changes affect costs and benefits. Such as improving the customer service at a gas station to gain more customers. This information is then used to maximize one's benefits. | |
Revision as of 21:24, February 10, 2007
Marginal Analysis is the study of how small changes affect costs and benefits. Such as improving the customer service at a gas station to gain more customers. This information is then used to maximize one's benefits.