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Alex
2 years ago
9

What does the word “marginal” mean in economics?

Business
2 answers:
FinnZ [79.3K]2 years ago
7 0
Answer Marginal refers to the focus on the cost or benefit of the next unit or individual, for example, the cost to produce one more widget or the profit earned by adding one more worker. Companies use marginal analysis as a decision-making tool to help them maximize their potential profits.
matrenka [14]2 years ago
7 0
Relating to something hope it helps
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<h3>What is monetary policy and fiscal policy?</h3>

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