SSEF2Marginal Benefits and Costs
Give examples of how rational decision-making entails comparing the marginal benefits and the marginal costs of an action.
Appears in: Social Studies, High School
Expectations
SSEF2aExplain that rational decisions occur when the marginal benefits of an action equal or exceed the marginal costs.
SSEF2bExplain that individuals, businesses, and governments respond to positive and negative incentives in predictable ways.
Georgia Milestones coverage
No Georgia Milestones blueprint cites this standard.