<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.
Answer:
Imperialism was fueled by nationalism.
Explanation:
The NHTSA estimates that <u>85 %</u> of the 11,510 drivers with a BAC of .01 or higher who were involved in fatal crashes had BAC levels at or above .08.
<u>Explanation:</u>
The survey conducted by the “National Highway Traffic Safety Administration (NHTSA)” says that the driver with high BAC levels is the main cause for the fatal crashes.
The amount of alcohol mixed with the blood of a person is identified to know the blood alcohol concentration (BAC) level. The BAC level of the person is determined by taking into account the amount of alcohol consumed by the person, person’s weight, gender, genetics and drinking pattern. Increase in BAC level may leads to side effects and impairments.
Answer: Question # 1: Option B
Question # 2: Option C
Question # 3: Option B
Explanation:
