What does the term "marginal" mean in economics?

A) the edge of a market
B) an additional or extra
C) illegal
D) secondary
E) trivial


Answer: B

Economics

You might also like to view...

Identify markets in which there is an exchange

What will be an ideal response?

Economics

A system of universal medical insurance would tend to ________ the ________ for medical services

A) increase; elasticity of demand B) decrease; elasticity of demand C) decrease; quantity demanded D) decrease; non-monetary payments

Economics

Which of the following is not true currently?

A. The United States has an overall trade surplus. B. The United States has a low export ratio. C. The United States has a merchandise trade deficit. D. The United States has a services trade surplus.

Economics

A movement along the demand curve to the left may be caused by a

A. rise in income. B. decrease in supply. C. fall in the price of inputs. D. fall in the number of substitute goods.

Economics