Making Spending Decisions Flashcards
1
Q
comparison
A
an examination of how things are the same or different
2
Q
finance
A
buy something on credit
3
Q
fraud
A
the act of being dishonest to take advantage of someone
4
Q
marginal benefit
A
the change in benefit in response to purchasing an additional unit of an item
5
Q
marginal cost
A
the cost associated with buying an additional unit of an item
