What are you doinf when you make a decision at the margin?

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2026-08-08 08:55

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When making a decision at the margin, you evaluate the additional benefits and costs associated with a small change in your current situation. This involves analyzing how a slight increase or decrease in an activity affects overall outcomes. Essentially, you weigh the incremental advantages against the incremental drawbacks to determine whether the change is worthwhile. This approach helps in optimizing resources and making more informed choices.

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