B. <span>Private individuals and businesses ought to answer most economic questions for themselves.</span>
what's the question your asking?
This Is What I Found, And I'm Not Taking Credit, Because I Did Not Come Up With This Answer: <span>They defined financial literacy as "the ability to use knowledge and skills to manage financial resources effectively for a lifetime of financial well-being."</span>
Answer:
Firms might maximize revenue by raising price or output
Explanation:
Through marginal analysis it is possible to compare the costs incurred with the benefits obtained from some financial strategies, which enables the company to better analyze its strategy in an attempt to maximize its profitability. Through marginal analysis they can maximize revenue by increasing price or output when price and output need to be determined when there are additional costs related to hiring a new worker.