Marginal benefit <span>is the benefit received from consuming a good or service</span>. A persons maximum amount they are willing to pay for another unit of good or a service is set as the marginal benefit. The marginal benefit for each person varies because what each person is willing to pay for an additional unit is subject to their own.
Answer:
single seller competition in the short run
Explanation:
because Monopoly is considered a product maximizer so it can't be minimal and it most definitely is not close substitute for their products and services
The answer is, it is a good example of "<span>being dressed, even if not clothed".
Alev Lytle Croutier is an author who is based in San Francisco, US. She contemplated Comparative Literature at Robert College in Istanbul, and left Turkey at 18 years old in 1963 to study about Art History at Oberlin College in the US. She is a writer of the non-fiction books Harem. Before becoming an author, Croutier was a screenwriter and narrative movie producer in Japan, Turkey, Europe, and the US.
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Answer:
Inequality is the situation whereby there is a clear difference in access to certain economic and social resources by one sector of the population compared to others. Thus, the abysmal differences in income, levels of education, health or housing between the different social classes show this type of inequality situation.
On the other hand, poverty is a more concrete concept, in which one or several individuals have a situation of scarcity of elementary economic resources, which directly affects their quality of life.
Answer:
Pick an organization within the airline industry that you are familiar with or interested in learning about. Identify an example of when a favorable cost variable would not be good news for the performance of the organization.
What department would be responsible for the variance? What would you recommend to correct the variance? Explain your reasoning.
Explanation:
In the Jet airways example, if the package price stays the same or higher but gettting a positive variation, good news are fake as this means that the number of passengers that were expected to travel, in fact diminished.