<u>Marginal Costs & Marginal benefits in a choice you made.</u>
Assume that I want to buy an ornament for hands. I spend $500 for purchasing an ornament. When I was supposed to see another I wish to buy that. But spending again for the ornaments also not a good idea. I am also not willing in spending $500 for the ornament. So, I decided to go for an ornament that costed only $250. No, my marginal benefit get decreased from $500 to $250. When I decided to go fro the second one or more than one of same good my marginal benefits decrease.
Marginal cost is something that changes in a smaller range in the production of one additional unit. For example I decide to manufacture 500 pens. i need raw materials for the production and a building and machine for production. The change in the cost or expenses that happens when I decide to produce 600 pens is the marginal cost.
Interchangeable parts were identical and could be exchanged for one another in manufacturing of goods
Answer:
the answer is B. hope i could help yall :)
Kansas, Mississippi, Ohio an many other middle states.
<span />
Answer:
<em>Applied Sociology </em>
Explanation:
<em>Applied sociology: </em>The term applied sociology is referred to as one of the branches in sociology that are being defined as using or utilizing the sociological skills, theory, research, and methods to the find-out solution of specific issues related to real-world settings. It uses ways to utilize scientific knowledge for solving practical problems.
<em>The above statement given in the question signifies the applied sociology.</em>
