Discussion question in Economics

Economics
Tutor: None Selected Time limit: 1 Day

Describe a choice you made at some point in your life, and explain it in terms of marginal benefits and marginal costs.

Oct 22nd, 2015

Thank you for the opportunity to help you with your question!

An example of a decision that i have made in life is one of attending all my lectures. There are marginal benefits which accrue to this decision. First is that I am able to grasp the taught concepts from the word go which makes it easier for me to revise, secondly, I have a goo relationship with my lecturer hence i can ask any question that i do not understand and lastly, I record good grades in my finals. However, there also are marginal costs. First is that I miss out in most of the campus events and secondly, I disconnect with my peers who i lie hanging out with.

Hope this did assist. Please let me know if you need any clarification. I'm always happy to answer your questions. I will be pleased if you make me your private tutor. Thank you
Oct 22nd, 2015

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Oct 22nd, 2015
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Oct 22nd, 2015
Dec 8th, 2016
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