Elizabeth’s behavior is influenced by her mother
People keep spending additional units of a particular resource on a want until their marginal benefit is <u>not affected by their</u> marginal cost.
The term marginal cost alludes to the opportunity cost related with delivering one increasingly additional unit of a good. Opportunity cost is a basic idea to financial aspects - it alludes to the estimation of the most elevated value alternative opportunity.
Marginal benefit alludes to what individuals will surrender with the end goal to get one more unit of a decent, while marginal cost alludes to the estimation of what is surrendered with the end goal to deliver that additional unit. Additional units of a decent ought to be delivered as long as negligible advantage surpasses minimal expense. It is wasteful to deliver merchandise when the peripheral advantage is not exactly the minor expense. Subsequently a proficient dimension of item is accomplished when marginal benefit is equal to marginal cost.
Answer:
I can do this but it will take some time man like this is a whole test lol
Explanation:
