Answer:
The correct answer is: marginal analysis
Explanation:
Marginal analysis allows individuals to maximize their utility by weighing marginal benefits against marginal costs. Doing this analysis prior to decision making leads to optimal decisions. In economic theory, whenever marginal benefit equals or exceeds marginal costs, a rational decision is being made.
I think it’s B.
Don the hurt me if im wrong please... but I’m pretty sure it’s b.
The correct answer is B. Modeling
Explanation:
Modeling is a learning strategy or cognitive-behavioral technique that implies observing the behaviors or actions of others and then modeling or shaping own actions and behaviors according to the ones observed. This means learning occurs through modeling or by copying others. This is the case of Alex because as he does not know how to use cutleries he decided just to observe others and then copy their behaviors which means he larnt to use cutlery through modeling.
A nation's competitiveness depends on the capacity of its industries to <u>innovate and upgrade</u> and thereby maintain its competitive advantage.
<h3>
What is competitive advantage?</h3>
- A company's ability to produce goods or services faster, more efficiently, or for less money than its competitors is known as a ccompetitive advantage.
- These elements enable the producing unit to outperform its competitors in terms of sales or margins. Cost structure, branding, the standard of the product offers, the distribution system, intellectual property, and customer service are just a few examples of the variables that are thought to contribute to competitive advantages.
- Comparative and differentiated advantages are two types of competitive advantages.
- A corporation has a comparative advantage if it can create a product more effectively than a competitor, which increases profit margins.
- When a company's products are regarded as both distinctive and of greater quality than those of a competitor, this is known as having a differential advantage.
To learn more about competitive advantage with the given link
brainly.com/question/15095207
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Answer:Life Review
Explanation:
Claudia's habit of keeping a detailed journal that includes her childhood to early adulthood stories and passes on to her grandchildren as history can be described as Life review.
Life review can be helpful in many ways like
Life Review can be helpful to old adults to find hope and meaning in their life. Life review can be resourceful for a family descendant to know their history.
