The margin and decision making at the margin

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In this video I'll discuss decision making at the margin and the importance of the law of diminishing marginal returns.

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Комментарии
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I understand this chapter now. Thank you so much! :)

shrutijha
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oh so margin means the decreasing willingness to drink/buy that glass of water as you get more of it until it goes below your degree of satisfaction at which point you refuse to buy more of it since you do not want more aka buying more is not satisfying. Thank you so much for clearing it up for me

maarijfarrukh
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What does it mean choosing at the margin??

bokulfhul
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i didnt get this whats the margin, really? so once you drink a glass of water thats the margin and when you feel you dont want the next glass o water, thats decision making, how do we explain that in the exam?

hanamuneer
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Why is it important to make decision at the margin & for what purpose ?

surendrachaudhary
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Hi, I am a student privately studying this alone and i really need some sort of worksheets to do for each unit, and someone to check if my answers are upto the mark. Since you are a teacher yourself i was wondering if you had any contacts that would help me. honestly i am desperate. i will also email you regarding this.

hanamuneer