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MMLU-Pro / 7615 / Define `marginalism' (as used in economics).

Problem

Answer published by the source. Consult the official source to check your work against its answer.

question

Define `marginalism' (as used in economics).

category

economics

options

  1. Marginalism is the study of economic trends.
  2. Marginalism is the method of analysis that assesses the impact of changes in production volume on total satisfaction.
  3. Marginalism is the method of analysis focusing on the first unit in production.
  4. Marginalism is the study of how market prices are established by the intersection of supply and demand curves.
  5. Marginalism is the theory that all units in production have equal value.
  6. Marginalism is the practice of increasing production by one unit to assess cost changes.
  7. Marginalism is the concept that the value of a good is determined by its historical cost.
  8. Marginalism is the method of analysis that concentrates attention on the last unit in production or consumption.
  9. Marginalism is the method of analysis that ignores the last unit in production or consumption.
  10. Marginalism is the economic principle that prioritizes the most abundant resources.

src

stemez-Economics

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Source and history

upstream_id / Original problem ID
7615
task_id
ac7ed8b4-c8b4-582d-94ea-92d82c06d1e6
task_key
default--test--7615
task_revision_id
1
config / split
default / test

Official source

initial import