New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The word ‘marginal’ means ______.

    A two more units Correct Answer Incorrect Answer
    B four more units Correct Answer Incorrect Answer
    C three more units Correct Answer Incorrect Answer
    D one more unit Correct Answer Incorrect Answer

    Solution

    Marginal in economics means having a little more or a little less of something. It refers to the effects of consuming and/or producing one extra unit of a good or service. It is essentially the next additional unit, product, person, or whatever else you're associating the term with.

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