Marginal Analysis, Roller Coasters, Elasticity, and Van Gogh: Crash Course Economics #18
By KidzSearchFrom youtube.com
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Marginal analysis is a decision-making tool used in economics to weigh the additional costs and benefits of a choice, helping to optimize outcomes and understand concepts like elasticity and demand.
Tags
Marginal
Analysis
Economics
Utility
Cost
Benefit
Elasticity
Demand
Revenue
Optimization
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