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.
Yea I think that’s what it is. I just learned this not to long ago
Answer:
Job oppurtunities, cheaper land...
:)
Explanation:
Answer:
American business interests needed to be protected
Explanation:
The intervention of the United States in Nicaragua was mostly because of economic interests. The us wanted to have full control of the small Central American nation as it was located in a place that had the potential to be both of great benefit for the United States, but also to create a lot fo economic damage. One of those economic reasons was the planned canal in Nicaragua, that was going to compete with the one in Panama. Having the Panama canal under their control, the US didn't wanted another one that was going to compete with it and take away large portion of the money that they had secured with it.
