Economics A Level (DONEEEEEEE): Why is Marginal Changes important in Economics?
-Where is it Seen?

Question

Why is Marginal Changes important in Economics?
-Where is it Seen?

eric_galvao · Accepted Answer

-Theories is based on Assumptions that Decisions people make is based on Marginal Changes: Do I work another Hour?
-Seen in: Price, Wage Differentials, Externalities, Profit Maximising in Perfect Competition & Efficiency of Mark Structures.

Economics A Level (DONEEEEEEE)

Why is Marginal Changes important in Economics? -Where is it Seen?

-Theories is based on Assumptions that Decisions people make is based on Marginal Changes: Do I work another Hour? -Seen in: Price, Wage Differentials, Externalities, Profit Maximising in Perfect Competition & Efficiency of Mark Structures.

Author