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snow_lady [41]
2 years ago
15

obsolate : uptodate (a) primitive :old -fashioned (b) archaic :advanced (c) complete :modern (d) outdate :useless

SAT
1 answer:
Kobotan [32]2 years ago
8 0

Answer:

yep your correct

Explanation:

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In marginal analysis, when comparing costs and benefits, an optimal choice is found when ______.
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In marginal analysis, when comparing costs and benefits, an optimal choice is found when MB≥MC

Explanation:

As per marginal analysis, optimal decision-making involves taking actions when the marginal benefit exceeds the marginal cost. (i.e. MB>=MC)

Marginal cost can be defined as the change in the Total cost when producing an additional unit of output.

so the answer is (a) MB≥MC

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Strictly speaking, pure competition is relatively rare. Then why do we study it
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Its low-cost manufacturing and allocative efficiency may serve as a benchmark for comparison. This is further explained below.

<h3>What is manufacture?</h3>

Generally, The term "manufacturing" refers to the process of transforming raw materials or component parts into completed things by using a variety of different resources, including tools, human labor, equipment, and chemical processes.

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