Effective decision-making means comparing the additional
costs of alternatives with the marginal benefits.
To add, <span>a </span>marginal benefit<span> is the additional satisfaction or utility that a
person receives from consuming an additional unit of a good or service.</span> It
is also the topmost amount he is willing to pay to consume that additional
unit of a good or service.
Answer:
The USA army will only buy the best uniform from america because if they bought from india where anti military terrorists are at large. Therefore they could possibly place a detonation device in these which would result in death of soldiers for a uniform to be cheaper.
Explanation:
Partial pressure of a particular component of a gaseous mixture is equal to the mole fraction of that component times the total pressure
Answer:
Explanation:
Locke on Government & Man
Locke also believed in social contract theory, yet, whereas Hobbes believed the monarch gained unlimited power once that initial contract was implicitly recognized, Locke claimed the social contract between a monarch and his subjects was supposed to be continuously scrutinized.