A-LevelEconomicsBasic economic ideas and resource allocation9708/12 · Oct/Nov 2011 · Q31 Mark
In Economics, decisions are usually taken 'at the margin'. What does this mean?
AThey are concerned with actions that occur in free market not planned economies.
BThey are concerned with issues on the boundary between macroeconomics and microeconomics.
CThey are concerned with the choice between normative and positive actions.
DThey are concerned with the effect of adding a further action to the current level of activity.
✓ Correct answer
D: They are concerned with the effect of adding a further action to the current level of activity.
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