Question
When deciding whether to buy a second car, marginal analysis indicates that the purchaser should compare the which of the following?
Question 24 options:
the additional benefits expected from a second car with the cost of the two cars.
the dollar cost of the two cars with the potential income that the cars will generate.
the benefits expected from two cars with the cost of both.
the additional benefits of the second car with the additional cost of the second car.
Question 24 options:
the additional benefits expected from a second car with the cost of the two cars.
the dollar cost of the two cars with the potential income that the cars will generate.
the benefits expected from two cars with the cost of both.
the additional benefits of the second car with the additional cost of the second car.
Answers
GPT-4o mini
When conducting marginal analysis to determine whether to buy a second car, the key consideration is to compare the additional benefits of the second car with the additional costs incurred from purchasing and maintaining that car. Therefore, the correct option would be:
**the additional benefits of the second car with the additional cost of the second car.**
**the additional benefits of the second car with the additional cost of the second car.**