In the following examples, state how you would use the principle of marginal analysis to make a decision

a.The marginal analysis that will employ here is the amount of soap and electricity I?ll use for one wash. Frequent washing will consume more power and more detergent that could spare when I wash the clothes once a week or biweekly.

b. I will apply marginal utility when I think about the needs of the paper and the marks I desire to achieve. If passing this paper with flying colors guarantees me good returns like a job, I will dedicate my time to do extensive library research in preparation for the paper.

c. If I am hungry, I will only buy enough chips to satisfy my hunger and live it at that. Eating more chips will me sick, overfed, and I will add more weight that I am trying to lose. Furthermore buying more bags will only be a waste of money.

d. I can skip lectures if the ongoing class is not my major and have something more beneficial to do. For instance, I can skip a lecture if it collides with my football game since the money I get from playing football pays my school fees.