<u>Marginal Costs & Marginal benefits in a choice you made.</u>
Assume that I want to buy an ornament for hands. I spend $500 for purchasing an ornament. When I was supposed to see another I wish to buy that. But spending again for the ornaments also not a good idea. I am also not willing in spending $500 for the ornament. So, I decided to go for an ornament that costed only $250. No, my marginal benefit get decreased from $500 to $250. When I decided to go fro the second one or more than one of same good my marginal benefits decrease.
Marginal cost is something that changes in a smaller range in the production of one additional unit. For example I decide to manufacture 500 pens. i need raw materials for the production and a building and machine for production. The change in the cost or expenses that happens when I decide to produce 600 pens is the marginal cost.
The 4 clues are 1) color change 2) the formation of gas bubbles 3) formation of a precipitate 4) temperature change. I hope this helps
Answer: True
Explanation:
Inflation rate actual measures an increase in the consumer price index (CPI) which is based on average prices of various goods.
The goods which are considered under inflation are based on whether they fall under the prevalent consumption basket in that country.
The index therefore has various goods based on what goods that country consumes the most some goods are responsible for price increase whilst some for price decrease depending on how heavy does each good weigh on the overall consumption basket of that country.
A price index refers to an average price of particular good or services in a particular region at a certain period.
Answer:
the friction from the skates and the ice creates like a brake . it slows them down by touching
