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AP Microeconomics
Unit 1 – Basic Economic Concepts
Topic 1.6
What is the role of marginal analysis in consumer choice?
It calculates the average cost of producing a good or service.
It helps explain how consumers make choices about what goods and services to purchase.
It measures the satisfaction consumers receive from consuming goods and services.
It determines the total utility a consumer can derive from consuming a specific good or service.
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AP Microeconomics - 1.6 Marginal Analysis and Consumer Choice
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Consumer Choice
Marginal Analysis
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About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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