Juan realizes that if he studies an extra hour for his test, he will score five points higher. For each extra hour spent studying, he is getting one hour less sleep. When deciding whether to spend an additional hour studying or sleeping, Juan is engaged in what economic activity? A) bartering B) marginal analysis C) market transactions D) trade negotiations
Marginal analysis. He is weighing the pros and cons of sleeping vs studying, and if the lack of sleep will potentially cost him the extra hour he spent studying.