g The economic perspective focuses largely on marginal analysis, which means analyzing Multiple Choice peripheral elements of a given issue or action. the changes in the situation that would result from a given action. the minor aspects of a given issue or decision. emotional and psychological facets of a given action.

Question

Landen

Business

8 September, 16:50

g The economic perspective focuses largely on marginal analysis, which means analyzing Multiple Choice peripheral elements of a given issue or action. the changes in the situation that would result from a given action. the minor aspects of a given issue or decision. emotional and psychological facets of a given action.

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Answers (1)

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Damien · Answer 1

The correct answer is: the changes in the situation that would result from a given action.

Explanation:

Marginal analysis is an extremely important tool for the organizational decision-making process, because through this analysis it is possible to compare costs and benefits of a financial strategy, analyzing costs and results in order to increase the company's profitability.

This therefore constitutes a cost-benefit analysis technique, for example, when buying or investing in a product, its benefits and utilities are considered, so for a marginal change to be adopted, the acquired benefits need to outweigh the costs.