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.
Answer:
The correct answer is B) Goods and services are produced and distributed.
Explanation:
That is the correct answers because I went and looked that question that you had asked up on google and just typed in the answer that google had gave me in so that I could send it to you for your answer. So you are welcome. I hope that I had gave you the correct answer. Please let me know if I had gave you the incorrect answer okay?
Please give me a rating if you think I had gave you the correct answer. I will let you know how many points I am giving out to people all right?
Peer Pressure!!! Nah I’m kidding but really I don’t know. The app is forcing me to answer my first question
Answer: Consensus
Explanation:
Consensus is process of decision-making that looks at an agreement among a group and that explains the questions above.
Answer: Situation specificity
Explanation:
As a person grows, he often understands the behaviors and forms of expression that he must adopt. It is understood that there are ways to behave according to the situation in which the person can be present.
It can be called situation specificity the way a person acts and express itself according to the context in which the person can meet. It is easy for adults the codes established at the time of expressing and behaving according to the place. For children, this is more difficult since their little reason does not allow them to identify at what time they should not cry or play. This is normal since they have not yet reached the stage of maturation that allows them to differentiate at what time they should do something or not, and also that their poor vocabulary makes them express their needs in another way.
In the case of Ari, it can be seen that he behaved as expected according to the context. When he was at the Dean’s office, Ari remained calm and polite. I knew the Dean’s office was not a place to be talking loudly or shouting. Then when he went to a soccer game, Ari started screaming and jumping, something that is expected when a person goes to watch a game of any sport. It is normal to shout, clap, jump and celebrate when you are watching a sport.
Not all people will be able to act and express in certain ways depending on the context and this would not necessarily be because they do not know the ways of behaving. Some mental or physical illnesses can influence a person's behavior, causing them to behave in a way that they do not expect.