Marginal beneficit and marginal cost are economic concepts. On the one hand, the marginal beneficit is defined as the added satisfaction a consumer gets from an additional unit of a good or service. On the other hand, the marginal cost is the change in total cost that results from making or producing one additional item.
The consumer could use these measurements to consider whether the cost is higher than the benefit when purchasing an item or getting a new service. Do they really need to buy an extra t-shirt when they already have enough of them? The benefit would be that they would get another t-shirt. In addition, as this is a new piece of clothing, it would probably be more in fashion than the old ones. However, the consumer would have to spend an amount of money that perhaps he had saved for another purpose and consequently would lack money for it. If he decided not to buy the t- shirt, he would have said amount of money to pay for his taxes or services. The same applies when it comes to the extra smoothie. The amount of money spent on the smoothie could be used to get something else and, by getting an extra one, you would feel fuller and perhaps would not eat a proper meal afterwards. You could also gain weight if the smoothie is not healthy, so in the end the cost is higher than the benefit.
Therefore, you could easily apply economic concepts, such as the ones described, in your everyday life so as to make decisions that leave you better off. By considering the cost associated with an extra purchase, you could start saving up money. Eventually, you could spend your savings to get a greater benefit. For instance, you could go on vacation without spending your salary and still comply with the payment of your taxes and services.
Supposing Melissa wants to earn a high salary from her new job she should choose to be a financial analyst at a large corporation. A financial analyst in a large corporation as her vehicle will generate a better income and assures her that she'll be paid for her hard work.
Zachman Framework is a model that asks the traditional fact-finding questions in a systems development context.
<h3>What is Zachman Framework?</h3>
A essential building block for enterprise architecture, the Zachman Framework offers a formal and systematic manner of seeing and defining an enterprise. It is an enterprise ontology. An ontology is a two-dimensional classification system that represents the meeting point of two previous classifications.
The first set of questions are basic inquisitive ones: What, How, When, Who, Where, and Why. The second is drawn from the philosophical idea of reification, which is when an abstract idea is converted into an instantiation. The identification, definition, representation, specification, configuration, and instantiation transformations are part of the Zachman Framework reification process.
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I don't know how this is a question, but it is correct.
People who were scared a strong central government and total control (like the experience with Britain), wanted to give states power to counteract the effect. It made people like Thomas Jefferson feel assured that the U.S. would stay a democracy.
