Which of the following is the best example of a marginal, Ask an Expert

Economics

Which of the following is the best ex of a marginal change?

A. The price of housing in Denver increased by 6 percent last year.

B. Kim gets a big promotion at work. She also gets a raise from $35,000 per year to $55,000 per year.

C. Mark graduates from college and takes a job. His income increases from $10,000 per year to $35,000 per year.

D. A drought hits the upper Midwest and the price of wheat increases from $4.00 per bushel to $6.50 per bushel.

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M962938

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