Asked by
Ashonti Davis
on Oct 09, 2024Verified
Slopes of lines are especially important in economics because:
A) they measure marginal changes.
B) they always tell us something about profits.
C) positive slopes are always preferred to negative slopes.
D) they always relate to resource and output scarcity.
Marginal Changes
Small, incremental adjustments to an existing plan of action, often considered in decision making and economic analysis.
- Acquire knowledge on the role slopes play in economic analysis.
Verified Answer
MG
Learning Objectives
- Acquire knowledge on the role slopes play in economic analysis.