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nataly862011 [7]
2 years ago
7

harry is trying to take one more class this semester. he is weighing the marginal benefit of taking one more class to the margin

al cost of taking one more class. which economic concept is most closely related to harry's decision-making process? question 1 options: macroeconomics exchange rationing devices decisions made at the margin
Business
1 answer:
Mars2501 [29]2 years ago
8 0

The economic concept that is most related to Harry's style of decision-making is decision at the margin.

<h3>What is "decision at the margin"?</h3>

When we make decisions at the margin, it means that we are considering the marginal aspects of the decision.

In clearer terms, we are considering things like how much the one additional unit of something will cost us, as well as what we stand to benefit from the additional unit like Harry is doing.

Find out more on decision at the margin at brainly.com/question/13764545

#SPJ1

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The units to be purchased in April by Vitale Hair Spray should be 28,080 units.

These units to be purchased by Vitale Hair Spray are computed as follows:

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Compensation systems can help create the conditions that contribute to high performance. Consequently, organizations can increas
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What is the space between the buyer’s reservation price and the seller’s reservation price called?
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The space between the buyer’s reservation price and the seller’s reservation price is  called the Total surplus.

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A reserve price or reservation price is a word frequently used in auctions and refers to the lowest amount a seller will accept as a successful bid. An alternate, less well-known definition is the highest price a customer will pay for a good or service.

What is producers reservation price?

The minimal price that buyers and sellers are ready to accept in order to buy or sell a good is known as the reservation price. It is the highest price a potential buyer or consumer is willing to pay for a good; for a seller or producer, it is the lowest price they are willing to accept.

Learn more about reservation price: brainly.com/question/13215058

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