Margins For Research Paper

The publication manual also recommends, though it does not explicitly require, that writers use 12 point Times New Roman font.On the abstract page, the manual suggests that writers create a set of keywords.

The publication manual also recommends, though it does not explicitly require, that writers use 12 point Times New Roman font.

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A study of infant feeding practices was carried out on a sample of 100 mother and infant pairs.

The results revealed that only 20% of mothers in the study currently exclusively breastfeed their babies.

To make a good decision, we compare the marginal benefit, the additional benefit resulting from a small increase in some activity, with the marginal cost, the additional cost resulting from a small increase in some activity.

If they are equal, we are at the optimal amount of the activity. Let’s review two Applications that answer key questions we posed at the start of the chapter: What are society’s tradeoffs between different goods?

We will assume that the relevant choice is whether to change a current activity level by a little bit. If the marginal benefit is less than the marginal cost, we want to reduce the level of the activity. A person will continue to go to school as long as the marginal benefit of the next level of schooling exceeds the marginal cost.

If the marginal benefit is greater than the marginal cost, we want to increase the level of the activity. She decides whether to drop out of high school or get a high school diploma. Upon graduating college she decides whether to take a job or go to graduate school.

A marginal change refers to a small change in some activity. APPLICATION 2: THE OPPORTUNITY COST OF MILITARY SPENDING If society has a fixed amount of money to spend on goods and services, buying one type of good or service means we sacrifice the opportunity to buy others.

You can think of a marginal change as taking the next step in a logical sequence. In this example, 0 billion can pay for the war in Iraq or 13 million children enrolled in Head Start programs.

The marginal cost is the increased likelihood of injuries and accidents, not to mention speeding tickets.

If the marginal benefit exceeds the marginal cost, a driver should speed up.

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