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The term 'marginal' in economics means

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The term 'marginal' in economics means

A).  Unimportant

B).  Additional

C).  The minimum unit

D).  Just barely passing


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Answered by on | Votes 0 |

 Additional



The term 'marginal' in economics means Additional. In economics, the term marginal is used to indicate the change in some benefit or cost. when an additional unit is produced. For instance, the marginal revenue is the change in. total revenue when an additional unit is produced.

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