Answer:
A) the marginal buyer's willingness to pay for the 100th unit of the good is $25.
Explanation:
Microeconomics basically works on the margin, it studies marginal costs, marginal revenue, marginal prices, marginal demand, marginal supply, etc. The margin measures the effect of one additional unit: either sold, consumed, produced, etc.
In this case, the marginal price of the 100th unit of the good is $25, that means that a buyer (you can call him a marginal buyer) will be willing and able to pay $25 for that specific unit of the good.
That doesn't mean that the price of the good is constant, both the supply and demand of goods are curves, because the marginal demand constantly changes depending on the marginal price and the marginal utility produced by consuming the extra unit of the good. On the other hand, the marginal changes depending on the marginal costs of producing that good, and the marginal revenue expected to be earned by selling that additional unit.
The one that describes an atrium is : B. a large , airy room inside the main entrance of a wealthy Roman's home
This area is usually used to welcome the guest during a party with the hope of <span>making the guess awe</span>
Hope this helps
It would be C. joan because it makes most since
Answer:
workers may be replaced by machines.
Explanation:
Potential output is not purely a physical measure based on the number of workers and existing factories because: workers may be replaced by machines.
Economists define potential output as what can be produced if the economy were operating at maximum sustainable employment, where unemployment is at its natural rate.
Output in economics is the "quantity of goods or services produced in a given time period, by a firm, industry, or country". This will include output both by workers and machines
Answer:
A) True
Explanation:
Based on some experiments, Alexander Wagner a SFI Professor from University of Zurich stressed on concept of protected values, he explained that an individual that has strong protected values will have less inclination to promote lies he received from others. He reveals individual motivation do comes from certain intrinsic values which is regarded as "protected values". And it has its own consequence in in the sense that individual have a better feeling when money is earned in a manner that suite one's value. It should be noted that Based on the talk by Alexander Wagner it was learnt that managers and employees who have protected values will sacrifice monetary advantage so that their efforts are consistent with these values.