NEW
ap style practice
NEW
cheatsheets
log in
start studying now
Practice Quizzes
AP Microeconomics
Unit 1 – Basic Economic Concepts
Topic 1.6
Unit 1 – Basic Economic Concepts
1.6 Marginal Analysis and Consumer Choice
mixed difficulty
What is the role of marginal analysis in consumer choice?
It helps explain how consumers make choices about what goods and services to purchase.
It calculates the average cost of producing a good or service.
It measures the satisfaction consumers receive from consuming goods and services.
It determines the total utility a consumer can derive from consuming a specific good or service.
Study guides (1)
AP Microeconomics - 1.6 Marginal Analysis and Consumer Choice
Key terms
Consumer Choice
Marginal Analysis
Guides
Glossary
Next
0
