I’m happy to answer this question if you can give me more detail.
Volatility in the markets invested in because it leads to large fluctuations in capital which can lead to gains but also big losses
Answer:
Lack of physical cues may lead to miscommunication
Explanation:
Answer:
When Economists say that humans make decisions at the margin they mean that decisions are made on the basis of the cost and benefit of getting an additional unit of a good/ service.
Marginal benefit refers to the additional utility that we will derive from consuming one extra unit of a good or service and factors in heavily into our decision making. We usually accept a decision if the Marginal benefit is higher or equal to the Marginal cost ( cost of the additional unit) of the good/service.
If the Marginal Cost is instead higher, the decision would most probably be cancelled.
