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The decision whether to go to college or join the military is a marginal decision

Economics

The decision whether to go to college or join the military is a marginal decision.

True

False

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The answer is false.

  • This is because this is not a decision about adding a given unit of production/input/output, but rather two completely new and separate alternatives. An example of a marginal decision would be to decide whether to complete a Master's degree after having completed a Bachelor's degree.