Answer:
A marginal benefit is a maximum amount a consumer is willing to pay for an additional good or service. ... The marginal benefit for a consumer tends to decrease as consumption of the good or service increases.
Explanation:
In the business world, the marginal benefit for producers is often referred to as marginal revenue.
Fertile soil, favorable climate, extremely cheap labor, and rivers used for transportation
Answer:
The state of nature
Explanation:
According to Hobbes, the state of nature is the state where individuals do not live in society, nor under any government.
In this state of nature, each people take care of themselves only, in a war against everyone else for survival.
Because everything can be taken from them at any moment, people do not have any incentive to produce more than what is needed for basic survival.
The state of nature ends when people form a social contract, in which the give power to a government (the leviathan) in exchange for the protection of life, liberty, and private property.
I think it’s a Driving task mate
Philip should stop for a while and try to do an objective research on how the given problem is seen in the country, and then only would he be able to assess how he sees the situation, so as to better understand all the problems.
