Marginal beneficit and marginal cost are economic concepts. On the one hand, the marginal beneficit is defined as the added satisfaction a consumer gets from an additional unit of a good or service. On the other hand, the marginal cost is the change in total cost that results from making or producing one additional item.
The consumer could use these measurements to consider whether the cost is higher than the benefit when purchasing an item or getting a new service. Do they really need to buy an extra t-shirt when they already have enough of them? The benefit would be that they would get another t-shirt. In addition, as this is a new piece of clothing, it would probably be more in fashion than the old ones. However, the consumer would have to spend an amount of money that perhaps he had saved for another purpose and consequently would lack money for it. If he decided not to buy the t- shirt, he would have said amount of money to pay for his taxes or services. The same applies when it comes to the extra smoothie. The amount of money spent on the smoothie could be used to get something else and, by getting an extra one, you would feel fuller and perhaps would not eat a proper meal afterwards. You could also gain weight if the smoothie is not healthy, so in the end the cost is higher than the benefit.
Therefore, you could easily apply economic concepts, such as the ones described, in your everyday life so as to make decisions that leave you better off. By considering the cost associated with an extra purchase, you could start saving up money. Eventually, you could spend your savings to get a greater benefit. For instance, you could go on vacation without spending your salary and still comply with the payment of your taxes and services.
The correct answer to this open question is the following.
Although the question does not provide options or the statements, we can say that statement expresses an assumption behind the articles of confederation that is not behind the US constitution could be the following: "the main principle of the Articles of Confederation was the
the sovereignty of organized power and the independence of the separate or disunited States."
Then, President Adams continued saying that according to the US Constitution, the role of the central government was to serve the citizens of the United States and that each state had to resolve their own administrative issues.
Let's remember that the Articles of Confederation was the first US Constitution, but left a weak central government that depended so much on the states. That is why delegates met at the Constitutional Convention of Philadelphia in 1787, to sign the United States Constitution.
One of the most important things for a human being to do is communicate. The reason that members from less powerful groups often feel the need to know about powerful cultures is to trigger motivation so they can communicate well.
<h3>What is M
otivation in Communication?</h3>
Motivation is the most important dimension of communication. Someone must have a clear motivation to be able to communicate because, without motivation, the purpose of communication will not be achieved properly. One way of triggering motivation that is often found is by having members from a less powerful group look to the culture and habits of the more powerful group. Motivation is also the most important dimension of intercultural communication competence.
Learn more about intercultural communication at brainly.com/question/28517604
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Community development is a holistic approach grounded in principles of empowerment, human rights, inclusion, social justice, self-determination and collective action (Kenny, 2007). Community development considers community members to be experts in their lives and communities, and values community knowledge and wisdom.
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