Consumers benefit from perfect competition because the produce they are buying slowly drops in price. When two companies fight and try to get the most sales they tend to lower their prices so that more people will go to them instead of the competition.
They were very important workers because they helped the country a lot
Ultimately, Joe McCarthy was using weak evidence to accuse people of being communist. Through his televised questioning of the army, many of whom were war heroes, the public saw the mean-spiritedness of McCarthy’s campaign. Polls showed the American people thought McCarthy devious in his attack of the army. Fed up, McCarthy’s colleagues censured him for dishonoring the Senate, and the hearings came to a close.
this is the correct answer.....
Answer:
One of the main things that Africa had was a self-government and town meetings, where people would meet to make their society better. They also started the majority rules in politics. Americans borrowed these ideas and implemented them into our government. :)
Marginal benefit is more than marginal cost that is why some people more than others enjoy buying a lot of shoes.
Explanation:
When marginal benefit is more than marginal cost the resources were used more efficiently, when there is increase in the quantity. Marginal cost is the cost incurred by producing one extra unit of the commodity. Marginal benefit is referred to as the extra benefit received by consuming one extra unit of the benefit.
in case of shoes the consumer will buy more shoes because he or she is getting extra benefit by consuming one extra unit but when the marginal cost becomes more than the marginal benefit he or she will not like the benefit because the consumer has to pay more for using the benefit.
