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Home › CBSE Class 11 (Arts) › Economics › Microeconomics: Consumer's Equilibrium and Demand › Marginalism says people decide by comparing the …

Marginalism says people decide by comparing the benefit of an extra unit with

Aaverage income of others
Blast year's price level
Cthe producer's profit
Dthe cost of getting it
Answer & Solution
Correct answer: D. the cost of getting it
Marginalist analysis weighs the added benefit of one more unit against what it costs to get it.
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