Which of the following statements are true about marginal analysis?
Multiple select question.
Managers use it to accurately plot the demand curve.
It is used to analyze what is known about cost and demand.
Managers avoid it because of its limited ability to predict the demand curve.
It gives precise pricing and demand levels.
It can narrow down potentially successful pricing levels.
1 answer
The following statements about marginal analysis are true:
The other statements do not accurately reflect the nature of marginal analysis.
