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:
GOOD: American culture expands to all conquered and acquired territories. Everyone who lives in these territories was able to benefit from religion, democracy, and cultural ways of Americans. Manifest Destiny increased goods, doubled the land area of the U.S., services, and wealth.
BAD:
was their destiny to expand caused Americans to disregard the territorial rights of Native Americans, wiping out many tribes and causing a cultural divide, tension and wars.
She knows that the price of the diamond is down. But it will
not stay down forever. Soon the supply will be reduced and the prices will go
up. That’s when she will sell her necklace. And gain profit
Answer:
Primary
Explanation:
It is primary because the written recordings include written manuscripts
