▼
1.6 Marginal Analysis 🧐
🎯
Learning Targets
- Define the key assumptions of consumer choice theory
- Explain how a rational consumer’s decision making involves the use of marginal benefits and marginal costs
- Calculate how a rational consumer’s decision making involves the use of marginal benefits and marginal costs
- Define marginal analysis and related terms
- Explain a decision using marginal analysis
⏰
What We Did
- Discussed the answers to yesterday's "Marginal Analysis" problem set
⚙️
Resources
📖
Corresponding Reading
💻
Homework
