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2. In the following examples, state how you would use the principle of marginal analysis (and idea of diminishing marginal utility) to make a decision. Make sure to include at least one marginal cost and one marginal benefit. Use at least two sentences in your response. |a. Deciding how many Krispy Kreme doughnuts to eat in one sitting. b. Deciding how many AP classes for the 2021-2022 school year.

2. In the following examples, state how you would use the principle of marginal analysis (and idea of diminishing marginal utility) to make a decision. Make sure to include at least one marginal cost and one marginal benefit. Use at least two sentences in your response. |a. Deciding how many Krispy Kreme doughnuts to eat in one sitting. b. Deciding how many AP classes for the 2021-2022 school year.

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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2. In the following examples, state how you would use the principle of marginal analysis (and idea of diminishing marginal utility) to make a decision. Make sure to include at least one marginal cost and one marginal benefit. Use at least two sentences in your response. | a. Deciding how many Krispy Kreme doughnuts to eat in one sitting. b. Deciding how many AP classes for the 2021-2022 school year.
Transcribed Image Text:2. In the following examples, state how you would use the principle of marginal analysis (and idea of diminishing marginal utility) to make a decision. Make sure to include at least one marginal cost and one marginal benefit. Use at least two sentences in your response. | a. Deciding how many Krispy Kreme doughnuts to eat in one sitting. b. Deciding how many AP classes for the 2021-2022 school year.
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