Marginal benefit is more than marginal cost that is why some people more than others enjoy buying a lot of shoes.
Explanation:
When marginal benefit is more than marginal cost the resources were used more efficiently, when there is increase in the quantity. Marginal cost is the cost incurred by producing one extra unit of the commodity. Marginal benefit is referred to as the extra benefit received by consuming one extra unit of the benefit.
in case of shoes the consumer will buy more shoes because he or she is getting extra benefit by consuming one extra unit but when the marginal cost becomes more than the marginal benefit he or she will not like the benefit because the consumer has to pay more for using the benefit.
Fidel Castro
Chiang Kai- shem
Answer:
I believe the answer is because it didn't have enough money.
The Chinese took little interest in the maps brought by Matteo Ricci because they went counter to their belief that the world was flat. The maps depicted the world as a sphere. They also showed that China was just one country in the larger map. They whined that he treated the Ming Empire as a small insignificant country.
The problem ask on which of the following among the choices is on of the reason that more people didnt foresee the economic collapse of the 1930s and the answer would be letter A. few people understood the risk involved with buying stock on the loan
