C. Competition
But economics were another cause, but not necessarily poverty
Answer:
<h3> b. small, incremental adjustment.</h3>
Explanation:
In economics, the term marginal change implies to small incremental change in the existing trend of the market or economy. Marginal change does not usually affect the whole economy but may result in a slight difference in the aggregate results.
For example, if a retailer raises the price of a product from $9 to $10 due to increase in marginal cost of the product, it is a marginal change.
Or suppose the average cost of a bus ticket to the next city cost $20 and the total cost of the 40 seats is $800 dollars. But imagine if three seats remained empty and one passenger who did not book a seat wants to pay $15 for a ticket, the driver will willingly accept the offer because although the average cost of a ticket is $20, the marginal cost is merely the cost of the ticket. The driver has to recover gas money from all the three empty seats.
Answer:
Opportunity Cost
Explanation:
Opportunity cost is an economic term that simply says that when you make a purchase, you forego another alternative. Money, or the lack of it is usually the main reason for making the decision to make a decision to get one product and forego another one.
Therefore, it is the term that describes the process of making an economic decision by considering both the advantages and problems that may arise from the decision.
The source at the bottom would be information given by the people involved in a case.
The information given by the people that directly impacted by a certain case would most likely be designed to provide the most benefit for those people.
This is why united states operates on assumption that an accused would be innocent until he/she is proven guilty.
Information given by the people involved could only be held<em><u> as something to be confirmed </u></em>by other evidence or witnesses.
