Answer:
B. Increasing the production of a good requires larger and larger decreases in the production of another good.
Explanation:
Opportunity cost refers to the foregone units of production of a good in exchange for producing units of another good.
Marginal cost on the other hand refers to additional cost incurred when an additional unit is produced.
Marginal opportunity cost relates to the additional opportunity cost incurred when additional unit of second good is produced in exchange for foregoing or sacrificing units of production of first good.
Increasing marginal opportunity cost would mean as more and more units of good A are produced, for each extra unit of production of Good A, higher units of production of Good B are sacrificed i.e larger and larger decrease in the production of another good.
the common method of trading in the distant past is known as marketing
The best and the most correct answer among the choices provided by the question is the second choice. The production of trucks and cars is best represented by the second graph. I hope my answer has come to your help. God bless and have a nice day ahead!
Answer:
indirect benefits
Explanation:
Based on the information provided within the question it seems that both an enthusiastic audience and a positive impact on the community emphasize indirect benefits to the motivational speaker. This refers to benefits that may not be visualized but are still achieved or gained. Enthusiastic audience may or may not be visualized depending on the situation and the speaker's ability to distinguish enthusiasm from other emotions but both that and the positive impact are being guaranteed by the civic organization to achieved by the motivational speaker.
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Answer:
An output that maximizes revenue and profits. If a firm can price discriminate, it will sell its product or service at a different price to every single consumer. Perfect price discrimination refers to pricing your product at exactly the highest amount that each individual consumer is willing to pay, i.e. consumer surplus disappears.
