The correct answer is C.
When economic decisions are analyzed, this is typically done "at the margin". Therefore, the consequences of adding or substrating an aditional unit of a certain variable are analzyed and, depending on whether the total benefits have been increased or decreased by such adition/substraction, that action will be undertaken in practice or not.
For example, the marginal cost of producing an extra unit is calculated and, if it does not exceed the revenue earned by selling that extra unit, then the firm will decide to produce that aditional item. If the marginal cost exceeded the marginal revenue, such item would not be produced.
Ulysses S. Grant was president from 1869-1877
Answer:
Explanation:
The Great Depression of the late 1920s and ’30s remains the longest and most severe economic downturn in modern history. Lasting almost 10 years (from late 1929 until about 1939) and affecting nearly every country in the world, it was marked by steep declines in industrial production and in prices (deflation), mass unemployment, banking panics, and sharp increases in rates of poverty and homelessness. In the United States, where the effects of the depression were generally worst, between 1929 and 1933 industrial production fell nearly 47 percent, gross domestic product (GDP) declined by 30 percent, and unemployment reached more than 20 percent. By comparison, during the Great Recession of 2007–09, the second largest economic downturn in U.S. history, GDP declined by 4.3 percent, and unemployment reached slightly less than 10 percent.
Answer:
The Tulsa race massacre took place on May 31 and June 1, 1921, when mobs of white residents, some of whom had been deputized and given weapons by city officials, attacked Black residents and destroyed homes and businesses of the Greenwood District in Tulsa, Oklahoma, US.
Explanation:
