Answer :
Final answer:
Marginal analysis involves evaluating additional benefits and costs. The examples provided illustrate decision-making based on marginal analysis.
Explanation:
Marginal analysis is the examination of the additional benefits versus the additional costs of an activity or decision. In the given scenarios, the examples of marginal analysis are:
- The price increase of apples leading to a change in quantity demanded.
- Deciding on the optimal number of cookies to eat based on diminishing marginal utility.
- Deciding how to allocate [tex]$10 between $[/tex]1 candy bars and $0.50 gummy candies.
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