Nearly all choices are made at the margin.  That means they almost always involve additions to, or subtractions from, current conditions, rather than all or nothing decisions…We don’t make all-or-nothing decisions, such as choosing between eating or wearing clothes…Instead we choose between having a little more food at the cost of a little less clothing. count the costs associated with our choices. Marginal Analysis: An Example . How does Tan build a central idea of her story in the excerpt? For reprint permissions, contact info@tifwe.org. Thinking process plays an important role in decision making process because it allows you to judge each and every thing. And you know what?  I have never done the same thing with that card. Section 3: Production Possibility Curve B. One of these econ-speak terms is “marginal decision-making.” It’s an important element of how we choose, so let’s spend some time on it. Favorite Answer. A graph, shows alternative ways to use an economy’s productive resources. Value-focused thinking helps uncover hidden objectives and leads to more productive information collection. Often, but not always, for the worse. Drastically, in every domain. ... A Process of change. 10.How does thinking at the margin change the decision-making process? A margin impact analysis compares the existing state of profit margins with a future state after specific anticipated changes have occurred. Article and Author Information. His decision involved sticking to his principles rather than thinking at the margin.