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.
Answer:
"Oregon has a slightly higher overall rate of crime than most states according to FBI reporting for both property and violent crime. See the link below for our best places to live in Oregon list for some of the safest (& best) places in Oregon.
Oregon residents pay a higher tax burden overall than people residing in most other US states according to the Tax Foundation. True, above in the “pro” portion we highlighted the fact that Oregon doesn’t collect sales tax on purchases. However, all states have roads, police protection and or other services they must provide for residents and they must raise funds to pay for it somehow. Oregon’s income tax burden is one of the highest in the nation. It is progressive, meaning lower income earners pay a lower percentage than those with high incomes. Income tax rates start at 5% and rise as income does, to a top rate of 9.9%.
Oregon has a higher cost of living than most other states. Housing in most of Oregon is not cheap. Okay, it’s actually quite expensive with a median home price far above the national average. The cost of goods and services across a wide range including groceries also costs more in Oregon than most states. The only major cost of living category that runs less in Oregon is the cost of utilities according to the Missouri Economic Research and Information Center (information was derived from Council for Community and Economic Research).
Oregon students have slightly lower test scores than students in most other states according to the National Center for Education Statistics. The teacher to student ratio is considerably higher than the national average. Despite those two lower scoring factors, more Oregonian students have attain a high school diploma or college degree in the last few years than the national average, according to the US Census Bureau.
The quality of health care in Oregon is slightly lower than it is in most other states according to the US Health and Human Service’s Agency on Research and Healthcare Quality."
The right to bear arms, freedom of speech, no cruel or unusual punishment, protection of natural rights, no quartering of soldiers.
The Congress of Racial Equality (1942) from the Pursuit of Integration to Black Separatism. The Congress of Racial Equality (Core) was established in Chicago in 1942 on the University of Chicago campus. It was founded on the theme of change, on the basis of instilling change through nonviolent techniques.Feb 16, 2018
