Question

Hubert is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Because his pool sessions are helping him swim more quickly, Hubert plans to reduce by 1 hour per week the time he spends training on the bike and increase by 1 hour the time he spends in the swimming pool; however, his wife says that he should stop doing any biking and running and spend all 20 hours per week in the pool. Which basic principle of individual choice does Hubert's plan illustrate that his wife's advice does not

Answer 1

Answer:

Many decisions are made on the margin.

Explanation:

The principle state that many economic decisions are made by looking at the Cost Benefit at the margin.

This would involve looking at the Cost Benefit of an additional unit of consumption or production.

In this case, Hubert wants to spend an extra hour that would improve her swimming that would improve her chances of doing well in triathlon.

Therefore, Many decisions are made on the margin.

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