Answer:
A marginal benefit is a maximum amount a consumer is willing to pay for an additional good or service. ... The marginal benefit for a consumer tends to decrease as consumption of the good or service increases.
Explanation:
In the business world, the marginal benefit for producers is often referred to as marginal revenue.
Answer: I need points and i honestly dont know, sorry ;<
Explanation:
The primary functions and purposes of the following social institutions can be summarized below.
<h3>What are social institutions:</h3>
Social institutions are groups of persons who come together for a common purpose.
Examples of social institutions, including their purposes or functions, are:
1) Education transmits knowledge and impacts skills to the younger generation.
2) Religion shows the proper and inspired way of life in a given culture.
3) Voluntary Associations exist to inculcate the culture of caring for your neighbors without expecting an immediate reward.
4) Governments are instituted to protect the life and property of the citizens and others residing in a community.
5) Family provides the social fulcrum for the sustenance of human life.
Thus, the primary functions and purposes of the following social institutions have been summarized.
Learn more about social institutions at brainly.com/question/24171124
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Answer:
“To be able under all circumstances to practice five things constitutes perfect virtue; these five things are gravity, generosity of soul, sincerity, earnestness and kindness.”
Explanation:
