A marginal change is one that

Question

a. is not important for public policy.
b. makes an outcome inefficient.
c. incrementally alters an existing plan.
d. does not influence incentives.

Answer 1

A marginal change is one that c. incrementally alters an existing plan.

Marginal changes refer to small adjustments or variations that can affect a policy, decision, or plan, typically evaluated at the edges or margins of a system.