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. | 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. | ||
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Revision as of 10:15, March 11, 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.