The concept of margin,or marginalA) is central to economics.B) has little to do with economics.C) is applied only to a firm's costs.D) is applied only to a firm's output.

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Vashti Robertson · Accepted Answer

Final Answer : A, Explanation :  Marginal analysis is a key economic concept that looks at the effects of a change in one variable on another variable. Marginal cost, marginal revenue, and marginal utility are examples of how economists use the concept of margin to analyze economic behavior. It is not limited to just firms or costs, but can be applied to various aspects of economics such as decision-making, production, and consumption.

The concept of margin,or marginal

A) is central to economics.
B) has little to do with economics.
C) is applied only to a firm's costs.
D) is applied only to a firm's output.

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