how-does-the-subjective-nature-of-marginal-benefit-affect-economic-decision-maki

Question

How does the subjective nature of marginal benefit affect economic decision-making?

Accepted Answer

It makes it difficult to quantify benefits, leading to varied decisions among individuals.

Answer

It has no impact on economic decision-making.

Answer

It simplifies the decision-making process by providing fixed values.

Answer

It ensures that all individuals make the same decisions.