<u>Marginal Costs & Marginal benefits in a choice you made.</u>
Assume that I want to buy an ornament for hands. I spend $500 for purchasing an ornament. When I was supposed to see another I wish to buy that. But spending again for the ornaments also not a good idea. I am also not willing in spending $500 for the ornament. So, I decided to go for an ornament that costed only $250. No, my marginal benefit get decreased from $500 to $250. When I decided to go fro the second one or more than one of same good my marginal benefits decrease.
Marginal cost is something that changes in a smaller range in the production of one additional unit. For example I decide to manufacture 500 pens. i need raw materials for the production and a building and machine for production. The change in the cost or expenses that happens when I decide to produce 600 pens is the marginal cost.
Answer:
Sensory adaptation
Explanation:
Sensory adaptation is the phenomenon which occurs when sensory receptors become exposed to the stimuli for a much longer period of time.
Depending on type of the stimulus, the receptors may decrease or increase the ability to respond, and as a consequence, will develop diminished or enhanced to stimulus.
<u>The given example is a case of sensory adaptation. In this case, the receptors decrease their ability to respond to the cold.</u>
Answer:
It is an example of scheduled obsolescence.
Explanation:
The new line of affordable cars does appeal to lower-income groups, however, they are not a safe long term investment.
In the industry it became common to sell low price products (that appeals to the masses) that also have low durability, thus forcing the buyer to purchase a newer model in a short amount of time.
This process takes advantage of the fact that the low-income part of the population doesn't have the means to make a long term investment on a higher quality product.
This process is called scheduled obsolescence, for its intentionally lack of durability.
Answer:
Magnet - An object that attracts iron and a few (but not all) other
metals.
Magnetic Poles - Te parts of a magnet at which its force is strongest.
Magnetic Field - The space around a magnet in which the force of the
magnet acts.
Repel - To push back or away by a force.
Attract - to cause to draw near by a force witch one.
