During the medieval era, knights were some of the most respected people because they were the lords of the battlefield and the protectors of the land. So if you were a knight, then you were definitely a big shot. Now boys had to leave home to be trained as a knight because he had to study under a local lord and assist the local lord as a page. He had to dedicate all his time to study the basic skills that he would need in order for him to become a knight. This included combat, hunting, history, and many other things too.
The marginal benefit is a measurement of the amount of satisfaction obtained from consuming an extra unit of a good or service. Satisfaction in consumer theories is called utility.
In order to perform the purchase, the benefit obtained has to be greater than the cost endured. This is the condition for the consumer to be better off after buying. Therefore, the marginal benefit equals the maximum amount of money that a person is willing to pay for a certain good or service.
Answer:
Equilibrium = when supply is equal to demand.
Explanation:
6 is c, 7 is a, and 8 is b
