Unformatted text preview: purchase a house. When you purchase a house it is a big investment and the cost of that investment can vary for each house so the marginal cost will go up depending on the location, and size of the house. The bigger the house you buy the more expensive it is going to be. The marginal benefits for buying a house is that there is plenty of room for everyone and the benefits of owning a house means your credit will be a lot better with each payment you make. The benefit of owning a home is also that instead of renting you can not lose your house if you don’t pay rent. Purchase a new house and your credit will go up so you can be in the market for a better house....
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- Spring '10
- Economics, eight thousand dollar, eight thousand dollars