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Marrrta [24]
4 years ago
5

People keep spending additional units of a particular resource on a want until their marginal benefit is their marginal cost

Social Studies
2 answers:
aliya0001 [1]4 years ago
8 0

Marginal cost refers to the amount of money it cost a company to produce one more of a particular product while the marginal benefit refers to the benefit that is obtained as a result of producing that one extra product. Profit is maximized when the marginal cost equals the marginal benefits.



olganol [36]4 years ago
3 0

Answer:

People keep spending additional units of a particular resource on a want until their marginal benefit is not affected by their marginal cost.

Explanation:

Marginal cost is the change in total cost when you increase or decrease the total output of goods or services in a unit. That is, it represents the individual cost of the last unit produced. On the other hand, marginal benefit is the profit generated from this production.

The ideal for an industry is to use a specific resource to produce a product, as long as this production does not affect the marginal benefit, that is, the company wants to spend money to produce its product, but this expense can not prevent the company from profiting.

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Six-year-old Fiona has no memory of a trip she took to the hospital when she was 2 years old, yet the rest of her family recalls
mart [117]

Answer:

Childhood amnesia

Explanation:

Childhood amnesia is the inability to retrieve memories of episodes or events of early life. Childhood amnesia includes the gap between the two and four years.

Some psychologists suggest that this inability has to do with the fact that the conception of one's cognitive self is still not developed before this age.

In the example, Fiona <u>cannot remember something that happened when she was 2 years old,</u> which is totally expected to happen and is known as childhood amnesia.  

4 0
3 years ago
What were some aspects of the race-based laws created under apartheid? Select all that apply. limited the freedom of movement of
Archy [21]
  • limited the freedom of movement of nonwhite citizens
  • created separate residential and business districts
  • forced the relocation of black residents to rural “homelands”

Apartheid was a policy of social segregation that took place in South Africa between 1948 and 1994, with the rise of the National Party, whose government was composed of a white minority. The country was governed by this minority who adopted since 1948 a policy of racial segregation.

With the strengthening of the regime between the 1960s and 1970s, strong opposition was present. The National Party had as its parameter the ideas of white racial superiority and for the maintenance of its government and that system invested in constant vigilance and repression.

6 0
3 years ago
Read 2 more answers
What is the difference between marginal cost and marginal revenue? Marginal cost is the money earned from selling one more unit
sleet_krkn [62]

The difference between marginal cost and marginal revenue is Marginal cost is the money paid for producing one more unit of a good. Marginal revenue is the money earned from selling one more unit of a good. Thus the correct answer is B.

<h3>What is  marginal cost?</h3>

The difference in total production costs caused by producing or manufacturing one extra unit is known as the marginal cost of production.

In order to maximize production and overall operations, an organization must first decide when it can achieve economies of scale.

The sum of money spent to create one additional unit of a good is its marginal cost. Selling one additional unit of a good results in a profit known as marginal revenue.

Therefore, option B is the appropriate answer.

Learn more about marginal cost, here:

brainly.com/question/7781429

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6 0
2 years ago
Which statements are true about yuri’s experiment? select three options. the theoretical probability of spinning any one of the
Degger [83]

The theoretical probability (P) of spinning for any color is 20%, the theor. P is equal to experimental P and after 600 spins the exp. P will get closer to the theor. P.

<h3>What is probability?</h3>

The term probability makes reference to the chance of occurrence of a given situation (in this case, color spinning).

  • The theoretical probability is the ratio of the expected results divided by the number of potential outcomes.

  • The experimental probability refers to the number of outcomes once the experiment was carried out.

In conclusion, the correct statements are the theoretical probability (P) of spinning for any color is 20%, the theoretical P is equal to the experimental P and after 600 spins the experimental P will get closer to the theoretical P.

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6 0
2 years ago
Anne considers herself an environmentalist. However, she also likes the convenience of bottled water. Purchasing water in a non-
chubhunter [2.5K]

Answer:

psychological risk                                    

Explanation:

Physiological risk: In psychology, the term physiological risk is defined as different factors that are related to a person's biology and body. The psychological risk factors experienced by a person can be influenced by a variety of combination including the lifestyle of the person, genetic factors, and other different broad factors.

Example: A person who is being obese or overweight.

In the question above, the given statement represents the psychological risk for Anne.

3 0
4 years ago
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